Multiple Choice
If Fred's marginal rate of substitution of salad for pizza equals five,then
A) he would give up five pizzas to get the next salad.
B) he would give up five salads to get the next pizza.
C) he will eat five times as much pizza as salad.
D) he will eat five times as much salad as pizza.
Correct Answer:
Verified
Correct Answer:
Verified
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