The consumer's income is $800.
-According to the above figure,what is the consumer's marginal rate of substitution in equilibrium?
A)1.5
B)2
C)2.5
D)0.8
E)unable to tell from information given

Question

The consumer's income is $800.
-According to the above figure,what is the consumer's marginal rate of substitution in equilibrium?
A)1.5 
B)2 
C)2.5 
D)0.8 
E)unable to tell from information given

Quizplus · Accepted Answer

The Answer of 
The consumer's income is $800.
-According to the above figure,what is the consumer's marginal rate of substitution in equilibrium?
A)1.5 
B)2 
C)2.5 
D)0.8 
E)unable to tell from information given

The Consumer's Income Is $800