Suppose That an Individual Has a Constant MRS of Shoes

Multiple Choice

Suppose that an individual has a constant MRS of shoes for sneakers of 4:3 (that is,he or she is always willing to give up 3 pairs of sneakers to get 4 pairs of shoes) .Then,if sneakers and shoes are equally costly,he or she will:

A) buy only sneakers.
B) buy only shoes.
C) spend his or her income equally on sneakers and shoes.
D) wear sneakers only 3/4 of the time.