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Figure 6-2 Shows an Edgeworth Box with the Preferences of Kathy

Question 68

Multiple Choice

Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. 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
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

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