Multiple Choice
Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy.
Figure 6-2 ![Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. Figure 6-2 -At point C in Figure 6-2,which of the following is true of the comparison between Tim's marginal ate of substitution of candy for bread [MRS<sub>CB</sub>] and Kathy's MRS<sub>CB</sub>? A) Tim's MRS<sub>CB </sub>is greater than Kathy's MRS<sub>CB</sub>. B) Tim's MRS<sub>CB</sub> is smaller than Kathy's MRS<sub>CB</sub>. C) Tim's MRS<sub>CB</sub> is equal to Kathy's MRS<sub>CB</sub>. D) Tim's MRS<sub>CB</sub> is zero and Kathy's MRS<sub>CB</sub> is positive.](https://d2lvgg3v3hfg70.cloudfront.net/TB1825/11ea77e2_d72a_503c_91bf_5fa43574e595_TB1825_00_TB1825_00_TB1825_00_TB1825_00_TB1825_00.jpg)
-At point C in Figure 6-2,which of the following is true of the comparison between Tim's marginal ate of substitution of candy for bread [MRSCB] and Kathy's MRSCB?
A) Tim's MRSCB is greater than Kathy's MRSCB.
B) Tim's MRSCB is smaller than Kathy's MRSCB.
C) Tim's MRSCB is equal to Kathy's MRSCB.
D) Tim's MRSCB is zero and Kathy's MRSCB is positive.
Correct Answer:
Verified
Correct Answer:
Verified
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