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Joe's Income Is $500,the Price of Food (F)is $2 Per

Question 92

Multiple Choice

Joe's income is $500,the price of food (F) is $2 per unit,and the price of shelter (S) is $100.Which of the following represents his marginal rate of transformation of food for shelter?


A) -5
B) -50
C) -.02
D) None of the above.

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