Question 0

If the marginal utility of good X exceeds that of good Y, this implies that

  • A.a rational consumer will buy less of X
  • B.consuming more of X will increase total utility
  • C.Y is an inferior good
  • D.X will be cheaper than Y
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2006
Question no.
#0
Type
Objective

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