Based on the following graph,at point C, The consumer's income is $600.
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

Based on the following graph,at point C,  The consumer's income is $600.
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 Based on the following graph,at point C,  The consumer's income is $600.
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.

Based on the Following Graph,at Point C, the Consumer's