Question on: WAEC Economics - 1997
for two commodities A and B, MA and MB are the respective marginal utilities while PA and PB are the respective prices. Marginal utilities of the commodities are maximized when
A
MA/PA = MB/PB
B
MA/PA > MB/PB
C
MA/PA < MB/PB
D
PA/MA < PB/MB
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Correct Option: A
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