Multiple Choice
If the MRS at an initial market basket between books [B] and Frisbees [F] is 6B/1F for Dave and 3B/1F for Diane,then:
A) Diane will accept 3 books from Dave for 1 Frisbee.
B) Diane will accept 2 books from Dave for 1 Frisbee.
C) mutually beneficial trades are not possible.
D) Dave will offer 7 books for 1 Frisbee from Diane.
Correct Answer:
Verified
Correct Answer:
Verified
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