(Figure: Cereal and Pancakes I) The market prices for cereal and pancakes are $2 and $1, respectively. Pareto efficiency requires that the marginal rate of substitution of cereal for pancakes equal _____ for Elaina and _____ for Jose. 
A) 2; 1/2
B) 1/2; 2
C) 2; 2
D) 2; 1
Correct Answer:
Verified
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