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    If the Utility Function (U)between Bananas (B)and Jam (J)can Be
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If the Utility Function (U)between Bananas (B)and Jam (J)can Be

Question 9

Question 9

Multiple Choice

If the utility function (U) between bananas (B) and jam (J) can be represented as U(B,J) = 3ln(B) +4ln(J) ,what is the marginal rate of substitution (MRS) between bananas and jam?


A) 4B.
B) -3J/(4B) .
C) 4/(3J) .
D) 3B/J.

Correct Answer:

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