CUET-PG SERIES
Economics

Utility Functions

1 previous year questions.

Volume: 1 Ques
Yield: Medium

High-Yield Trend

1
2024

Chapter Questions
1 MCQs

01
PYQ 2024
medium
economics ID: cuet-pg-
Suppose an individual has a utility function given by, . We can say that this function displays:
1
Diminishing marginal rate of substitution
2
Increasing marginal rate of substitution
3
Constant marginal rate of substitution
4
Zero marginal rate of substitution