For two commodities A and B, MA and MB are the respective...
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
MA/PA = MB/PB
MA/PA > MB/PB
MA/PA < MB/PB
PA/MA < PB/MB
PA/MA > PB/MB
Correct answer is A
No explanation has been provided for this answer.
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