Solved

Manny Consumes Only Bananas and DVDs,and He Is on His

Question 17

Multiple Choice

Manny consumes only bananas and DVDs,and he is 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?


A) 1
B) 2
C) 0.5
D) 1.33

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions