Post Utme Osustech 2017 Commerce Question 22
Practice objective / multiple choice question 22 from the 2017 Post Utme Osustech Commerce examination.
A consumer has a budget constraint of 100 units of currency and a preference for two goods, X and Y. The prices of X and Y are 5 and 10 units of currency, respectively. If the consumer's indifference curve is tangent to the budget line at point (20, 10), what is the marginal utility of good X?
Answer Options
About This Question
This is Post Utme Osustech 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.