Post Utme Unilag 2024 Economics Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Unilag Economics examination.
A consumer's indifference curve is given by the equation U = 2x + 3y. If the consumer's current consumption bundle is (x, y) = (2, 3), what is the marginal rate of substitution (MRS) between x and y?
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This is Post Utme Unilag 2024 Economics Question 33. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.
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