-Lizzie's preferences are shown in the figure above. Lizzie definitely prefers consuming ________ to consuming ________.
A) 1 comic book and 12 cookies; 4 comic books and 4 cookies
B) 2 comic books and 12 cookies; 4 comic books and 8 cookies
C) 4 comic books and 12 cookies; 2 comic books and 12 cookies
D) 6 comic books and 12 cookies; 8 comic books and 16 cookies
Correct Answer:
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Q212: The marginal rate of substitution is equal
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A) the