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-Keith Is Indifferent Between Canned Soup and Fresh Soup

Question 13

Multiple Choice

-Keith is indifferent between canned soup and fresh soup.In the figure above,Keith's indifference curves are represented by I1,I2,I3,and I4 curves.What is the marginal rate of transformation (MRT) of Keith's budget constraint? A) MRT = -2 B) MRT = -1 C) MRT = -4 D) MRT = -0.5
-Keith is indifferent between canned soup and fresh soup.In the figure above,Keith's indifference curves are represented by I1,I2,I3,and I4 curves.What is the marginal rate of transformation (MRT) of Keith's budget constraint?


A) MRT = -2
B) MRT = -1
C) MRT = -4
D) MRT = -0.5

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