Question 6 / 11:  The budget allocation rule states that
A  the marginal utility of x equals the marginal utility of y at maximum utility
B  the marginal utility of x divided by its price be equal to marginal utility of all other goods
divided by their prices
C  the marginal utility of x equals the marginal rate of substitution of x for y
D  the ratio of prices of x to y be greater than the ratio of marginal utility of x to the marginal
utility of y.
<< First < Previous Flashcard Next > Last >>
Test Home Page
https://www.jobilize.com/net-jrf-mock-test-1-microeconomics-quiz-by-ies-portal

NET JRF Mock Test #1: Microeconomics

Author:

Access: Public Instant Grading

Ask
Madison Christian
Start Test
Danielrosenberger
Start Quiz
Copy and paste the following HTML code into your website or blog.
<iframe src="https://www.jobilize.com/embed/net-jrf-mock-test-1-microeconomics-quiz-by-ies-portal" width="600" height="600" frameborder="0" marginwidth="0" marginheight="0" scrolling="yes" style="border:1px solid #CCC; border-width:1px 1px 0; margin-bottom:5px" allowfullscreen webkitallowfullscreen mozallowfullscreen> </iframe>