Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
djsmyers djsmyers
wrote...
Go to Answer
Posts: 764
Rep: 5 0
6 years ago
The above figure shows Bobby's indifference map for juice and snacks. Also shown are three budget lines resulting from different prices for snacks assuming he has $20 to spend on these goods. What is MRS for the point on Bobby's demand curve for snacks where price of snacks is $0.5?
A) -1
B) -0.5
C) -2
D) Not enough information
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 105 times
2 Replies
Replies
Answer verified by a subject expert
unExpectedunExpected
wrote...
#1
Posts: 267
Rep: 21 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
* Majoring in business & math

Related Topics

wrote...
#2
4 years ago
Thank You
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1294 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 180
  
 705
  
 4430
Your Opinion
Previous poll results: Do you believe in global warming?