When a consumer increased units of X commodity by giving up some units of Y commodity and even to attain the same level of satisfaction, the marginal rate of substitution will be calculated by

A) $$\frac{{{\text{Change}}\,{\text{in X commodity}}}}{{{\text{Marginal utility}}\,{\text{of Y commodity}}}}$$ B) $$\frac{{{\text{Change}}\,{\text{in Y commodity}}}}{{{\text{Marginal utility}}\,{\text{of X commodity}}}}$$ C) $$\frac{{{\text{Change}}\,{\text{in X commodity}}}}{{{\text{Change}}\,{\text{in Y commodity}}}}$$ D) $$\frac{{{\text{Change}}\,{\text{in Y commodity}}}}{{{\text{Change}}\,{\text{in X commodity}}}}$$

Answer & Solution

Correct Answer: Option D

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When a consumer increased units of X commodity by giving up...

When a consumer increased units of X commodity by giving up some units of Y commodity and even to attain the same level of satisfaction, the marginal rate of substitution will be calculated by

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