Post Utme Bowen University 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_BOWEN_UNIVERSITY • 2021 • ECONOMICS • objective

A consumer has an indifference curve given by U = 2X + 3Y, where X and Y are the quantities of two goods. If the consumer is at a point (2, 3) on the indifference curve, what is the marginal rate of substitution?

Answer Options

A. 2
Correct Answer B. 3
C. 4
D. 5
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Bowen University 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Bowen University Economics examination.

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