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Author Question: Suppose the quantity of burgers is on the horizontal axis and the quantity of bags of French fries ... (Read 3484 times)

daltonest1984

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on: May 24, 2019
Suppose the quantity of burgers is on the horizontal axis and the quantity of bags of French fries is measured on the vertical axis and Carol's indifference curves are drawn in the graph. As Carol consumes more
◦ burgers, moving along an indifference curve her marginal rate of substitution for burgers decreases.
◦ bags of fries, moving along an indifference curve her marginal rate of substitution for burgers decreases.
◦ burgers and bags of fries moving along an indifference curve, Carol reaches her best affordable point.
◦ of either good, moving along an indifference curve her marginal rate of substitution for burgers increases.
◦ of both goods, moving from one indifference curve to a higher indifference curve, her marginal rate of substitution definitely does not change.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by daltonest1984 on May 24, 2019

Fayaz00962

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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daltonest1984

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Reply #2 on: May 24, 2019
Thanks


Fayaz00962

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Reply #3 on: May 24, 2019
Welcome :)


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