Manny consumes only bananas and DVDS, and is currently on his highest possible indifference curve. Two bundles on this indifference curve are bundle A (5 bananas and 2 DVDS), and bundle B (3 bananas and 3 DVDS). Between points A and B, what is Manny's marginal rate of substitution of bananas for DVDS? OA. 1 Ов.2 OC. 3 OD. 4/3
Manny consumes only bananas and DVDS, and is currently on his highest possible indifference curve. Two bundles on this indifference curve are bundle A (5 bananas and 2 DVDS), and bundle B (3 bananas and 3 DVDS). Between points A and B, what is Manny's marginal rate of substitution of bananas for DVDS? OA. 1 Ов.2 OC. 3 OD. 4/3
Chapter6: Consumer Choice Theory
Section6.A: Indifference Curve Analysis
Problem 2SQ
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