Refer to the following graph:

The consumer's income is $600.
-At point C,
A) MRS is greater than 1.25.
B) MRS is less than 0.4.
C) MRS is greater than 2.
D) MRS is less than 2.5.

Question

Refer to the following graph:

The consumer's income is $600.
-At point C,
A) MRS is greater than 1.25. 
B) MRS is less than 0.4. 
C) MRS is greater than 2. 
D) MRS is less than 2.5.

Quizplus · Accepted Answer

The Answer of Refer to the following graph:

The consumer's income is $600.
-At point C,
A) MRS is greater than 1.25. 
B) MRS is less than 0.4. 
C) MRS is greater than 2. 
D) MRS is less than 2.5.

Refer to the Following Graph