a. Write the equation for the MRSMC (i.e., the MRS of C for M; M is increasing, C is decreasing). b. Would the bundles of (M = 4 and C = 1) and (M = 2 and C = 2) be on the same indifference curve? How would you know? c. Calculate the MRSMC when M = 4 and C = 1 and when M = 2 and C = 2. Explain why the values of MRSMC differ across these two bundles. d. Based on your answers above, are Mariah's indifference curves convex? Explain using the values calculated.

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