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PaulKet PaulKet
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Posts: 488
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6 years ago
A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in the prices of F or S, the marginal rate of transformation of F for S will
A) increase.
B) decrease.
C) stay the same.
D) change, but there is not enough information to know how.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 97 times
1 Reply
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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Posts: 279
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6 years ago
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PaulKet Author
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6 years ago
Smart ... Thanks!
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Yesterday
Thanks
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2 hours ago
This site is awesome
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