Multiple Choice
Figure 21-7
-Refer to Figure 21-7.Which of the following statements is not true for a consumer who moves from bundle B to bundle C?
A) At bundle C the consumer would be willing to give up a larger amount of cake in exchange for a donut than at bundle B.
B) The marginal rate of substitution at bundles B and C are the same since the points lie on the same indifference curve.
C) The consumer is willing to sacrifice donuts to obtain cake.
D) The consumer receives the same level of satisfaction at bundles B and C.
Correct Answer:

Verified
Correct Answer:
Verified
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