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Home › Bihar Board Class 12 (Arts) › Economics › Theory of Consumer Behaviour › If a banana costs Rs 6 and a mango Rs 3, how man…

If a banana costs Rs 6 and a mango Rs 3, how many mangoes must be given up for one more banana?

AHalf a mango
BThree mangoes
CSix mangoes
DTwo mangoes
Answer & Solution
Correct answer: D. Two mangoes
The price ratio p1/p2 is 6/3 = 2, so one extra banana costs two mangoes in the market.
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