Solved

If the MRS at an Initial Market Basket Between Books

Question 11

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) mutually beneficial trades are not possible.
B) Diane will accept 4 books from Dave.
C) Diane will accept 2 books from Dave.
D) Dave will accept 2 Frisbees from Diane.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions