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Cookie Monster Always Consumes Cookies and Milk in Fixed Proportions

Question 100

Multiple Choice

Cookie Monster always consumes cookies and milk in fixed proportions: 4 cookies to 8 ounces of milk.This implies that for Cookie Monster the marginal rate of substitution of cookies for milk is:


A) 1/2.
B) 2.
C) diminishing but between 8 and 4.
D) undefined.

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