Multiple Choice
-In the figure above, the marginal rate of substitution (MRS) at point A is
A) greater than the MRS at any other point on the indifference curve.
B) equals the MRS at all other points on the indifference curve.
C) less than the MRS at any other point on the indifference curve.
D) equal to the slope of the budget line.
Correct Answer:
Verified
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