Post Utme Rhema University 2025 Economics Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice
Question 35 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's indifference curve is given by U = 2X + 3Y, where U is utility, X is the quantity of good X, and Y is the quantity of good Y. If the consumer's current utility level is 10, what is the marginal rate of substitution (MRS) between goods X and Y?

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Rhema University 2025 Economics Question 35. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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