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28-01-2024
Social Studies

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What is the marginal rate of substitution of Y for X if a consumer gets maximum satisfaction when he buys 2 units of X and 3 units of Y, given that the price of X is Rs. 5 and the price of Y is Rs. 10?
a) 2:3
b) 3:2
c) 1:2
d) 2:1

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