Multiple Choice
If Fred's marginal rate of substitution of salad for pizza equals 5,then
A) he would give up 5 pizzas to get the next salad.
B) he would give up 5 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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