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Use the Following Table to Answer the Questions : Table

Question 12

Multiple Choice

use the following table to answer the questions : Table 6.1 lists five baskets of two goods,pizza and coke,for each of two consumers,Jane and Bill.
use the following table to answer the questions : Table 6.1 lists five baskets of two goods,pizza and coke,for each of two consumers,Jane and Bill.   -Jane and Bill are indifferent between all of these baskets.From the information in Table 6.1,you can conclude that MRS<sub>PC</sub> is: A) constant for Jane but not for Bill B) constant for both Jane and Bill C) constant for Bill but not for Jane D) not constant for both Jane and Bill
-Jane and Bill are indifferent between all of these baskets.From the information in Table 6.1,you can conclude that MRSPC is:


A) constant for Jane but not for Bill
B) constant for both Jane and Bill
C) constant for Bill but not for Jane
D) not constant for both Jane and Bill

Correct Answer:

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