Exhibit 6A-6 Consumer equilibrium

As shown in Exhibit 6A-6, the marginal rate of substitution (MRS) at point X is ____ the marginal rate of substitution at point Y.
A) less than
B) greater than
C) equal to
D) twice

Question

Exhibit 6A-6 Consumer equilibrium
​

As shown in Exhibit 6A-6, the marginal rate of substitution (MRS) at point X is ____ the marginal rate of substitution at point Y.
A) less than 
B) greater than 
C) equal to 
D) twice

Quizplus · Accepted Answer

The Answer of Exhibit 6A-6 Consumer equilibrium
​

As shown in Exhibit 6A-6, the marginal rate of substitution (MRS) at point X is ____ the marginal rate of substitution at point Y.
A) less than 
B) greater than 
C) equal to 
D) twice

Exhibit 6A-6 Consumer Equilibrium