Economics · Consumer Theory
Suppose an individual has a utility function given by U(x, y) = 2x + 3y. This utility function displays a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Zero marginal rate of substitution
- 2Constant marginal rate of substitution✓
- 3Increasing marginal rate of substitution
- 4Diminishing marginal rate of substitution
Correct answer
Constant marginal rate of substitution
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Consumer Theory MCQs →Want more practice questions on Consumer Theory?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Consumer Theory