Commerce Short Question | Gkseries

Q.

When a consumer increases units of X - commodity by giving up some units of Y- commodity and even to attain the same level of satisfaction, the marginal rate of substitution, will be calculated by :

[A] Change in X - Commodity divided by change in Y - Commodity
[B] Change in X - Commodity divided by marginal utility of Y - Commodity
[C] Change in Y - Commodity divided by change in X - Commodity
[D] Change in Y - Commodity divided by marginal utility of X - Commodity
Answer & Explanation

Answer: Change in Y - Commodity divided by change in X - Commodity

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Article and Schedule Quiz Start Test!

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!