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    Exam 6: Appendix: Indifference Curves and Utility Maximization
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    Exhibit 6-23 -In Exhibit 6-23, the Marginal Rate of Substitution of Clothing
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Exhibit 6-23 -In Exhibit 6-23, the Marginal Rate of Substitution of Clothing

Question 16

Question 16

Multiple Choice

Exhibit 6-23 Exhibit 6-23   -In Exhibit 6-23, the marginal rate of substitution of clothing for food between points b and c is A)  unable to be determined B)  2 C)  1/3 D)  less than 1/3 E)  0
-In Exhibit 6-23, the marginal rate of substitution of clothing for food between points b and c is


A) unable to be determined
B) 2
C) 1/3
D) less than 1/3
E) 0

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