Commerce Short Question | Gkseries

Question

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

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