Multiple Choice
You view tea and scones as perfect complements, and you prefer to consumer one cup of tea with one scone. Also, your indifference curves are plotted with tea on the vertical axis. If you presently have two cups of tea and one scone, what this the marginal rate of substitution (MRS) at this point?
A) +1
B) -1
C) Zero
D) Infinity
Correct Answer:
Verified
Correct Answer:
Verified
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