Use the figure below to answer the following questions. Figure 9.2.3
-Refer to Figure 9.2.3.When Rashid chooses the consumption point of 2 books and 6 CDs,his marginal rate of substitution is
A)1/3 books per CD.
B)1/2 book per CD.
C)3 books per CD.
D)1 book per CD.
E)2 books per CD.

Question

Use the figure below to answer the following questions.  Figure 9.2.3
-Refer to Figure 9.2.3.When Rashid chooses the consumption point of 2 books and 6 CDs,his marginal rate of substitution is
A)1/3 books per CD. 
B)1/2 book per CD. 
C)3 books per CD. 
D)1 book per CD. 
E)2 books per CD.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.  Figure 9.2.3
-Refer to Figure 9.2.3.When Rashid chooses the consumption point of 2 books and 6 CDs,his marginal rate of substitution is
A)1/3 books per CD. 
B)1/2 book per CD. 
C)3 books per CD. 
D)1 book per CD. 
E)2 books per CD.

Use the Figure Below to Answer the Following Questions