Post Utme Madonna University 2017 Economics Question 34
Practice objective / multiple choice question 34 from the 2017 Post Utme Madonna University Economics examination.
A consumer's indifference curve is given by U = 2x + 3y. If the consumer's current bundle of goods is x = 2, y = 4, what is the consumer's marginal rate of substitution (MRS) between good x and good y?
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About This Question
This is Post Utme Madonna University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Madonna University Economics examination.
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