Refer to the following indifference curve.The marginal rate of substitution (MRS)between points A and B is
A) -1
B) -2
C) -1/2
D) 1/2
E) 1

Name: Refer to the following indifference curve.The marginal rate of substitution (MRS)between points A and B is A) -1 B) -2 C) -1/2 D) 1/2 E) 1
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Refer to the following indifference curve.The marginal rate of substitution (MRS)between points A and B is 
A) -1 
B) -2 
C) -1/2 
D) 1/2 
E) 1

Quizplus · Accepted Answer

The Answer of Refer to the following indifference curve.The marginal rate of substitution (MRS)between points A and B is 
A) -1 
B) -2 
C) -1/2 
D) 1/2 
E) 1

Refer to the Following Indifference Curve