Multiple Choice
Mary prefers bananas to plums and plums to peaches,but is indifferent between bananas and oranges,she
A) prefers oranges to peaches.
B) prefers plums to oranges.
C) is indifferent between oranges and plums.
D) is indifferent between oranges and peaches.
Correct Answer:
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A)shows all combinations of goods
A)the MRS is constant.
B)the