| A. |
Ratios of marginal utilities and price of the respective goods are equal
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| B. |
Ratio of marginal utilities of the two goods is equal to the ratio of their respective prices
|
| C. |
The marginal rate of substitution is equal to the ratio of prices of the two goods.
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| D. | The marginal rate of substitution is decreasing. |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
