Post Utme Futa 2020 Economics Question 13
Practice objective / multiple choice question 13 from the 2020 Post Utme Futa Economics examination.
A consumer's utility function is given by the equation \( U = 2x + 3y - xy \), where ( x ) and ( y ) are the quantities of two goods consumed. If the consumer's budget constraint is given by the equation \( 2x + 3y = 100 \), what is the value of the marginal rate of substitution between the two goods?
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About This Question
This is Post Utme Futa 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.
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