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 -Refer to Figure 6-2.Relative to point D,Tim's marginal rate of substitution of cookies for milk [MRS<sub>CB</sub>] at point C is _____. A) indeterminate B) 0 C) the same as at point D D) larger,smaller,or the same as at point D](https://d2lvgg3v3hfg70.cloudfront.net/TB1825/11ea77e2_d72a_9e5e_91bf_33c2e669d1bc_TB1825_00_TB1825_00.jpg)
-Refer to Figure 6-2.Relative to point D,Tim's marginal rate of substitution of cookies for milk [MRSCB] at point C is _____.
A) indeterminate
B) 0
C) the same as at point D
D) larger,smaller,or the same as at point D
Correct Answer:
Verified
Correct Answer:
Verified
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