Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. ![Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. Refer to Figure 6-2.Relative to point D,Tim's marginal rate of substitution of cookies for milk [MRS<sub>CB</sub>] at point C is _____. A) indeterminate B) 0 C) the same as at point D D) larger,smaller or the same as at point D](https://d2lvgg3v3hfg70.cloudfront.net/TB1826/11ea857e_d788_0351_a433_63da675b04fa_TB1826_00_TB1826_00.jpg)
Refer to Figure 6-2.Relative to point D,Tim's marginal rate of substitution of cookies for milk [MRSCB] at point C is _____.
A) indeterminate
B) 0
C) the same as at point D
D) larger,smaller or the same as at point D
Correct Answer:
Verified
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