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    Managerial economics
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    Exam 5: Theory of Consumer Behavior
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    Refer to the Following Figure
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Refer to the Following Figure

Question 32

Question 32

Multiple Choice

refer to the following figure:
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     ) The consumer's income is $800.
-Why doesn't the consumer choose the combination of 30X and 56Y at point A?


A) MRS is less than
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
)
B) MRS is greater than
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
)
C)
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
Is greater than
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
)
D)
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
Is less than
refer to the following figure:    The consumer's income is $800. -Why doesn't the consumer choose the combination of 30X and 56Y at point A? A)  MRS is less than     )  B)  MRS is greater than     )  C)      Is greater than     )  D)      Is less than     )
)

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