The figure above shows one of a consumer's indifference curves.
-The marginal rate of substitution (MRS)at point G equals
A) 4.
B) 8.
C) 2.
D) 1/2.
E) More information is needed to calculate the MRS.

Question

The figure above shows one of a consumer's indifference curves.
-The marginal rate of substitution (MRS)at point G equals
A) 4. 
B) 8. 
C) 2. 
D) 1/2. 
E) More information is needed to calculate the MRS.

Quizplus · Accepted Answer

The Answer of  
The figure above shows one of a consumer's indifference curves.
-The marginal rate of substitution (MRS)at point G equals
A) 4. 
B) 8. 
C) 2. 
D) 1/2. 
E) More information is needed to calculate the MRS.

The Figure Above Shows One of a Consumer's Indifference Curves