for two commodities A and B MA and MB are the r... - WAEC Economics 1997 Question
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
correct option: a
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