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 : C 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. |