Define the marginal rate of substitution. Using this concept, explain why market basket A is not utility maximizing while market basket B is utility maximizing. 
Definitions:
Purchasing Department
The division within a business that is responsible for making all procurements or purchases necessary for the company's operations.
Production Department
A segment within a business that is responsible for the manufacturing or production of goods.
Mixing Department
A production area or unit within a manufacturing facility where ingredients or components are combined to produce a final or intermediate product.
Standard Costs
Predetermined costs to manufacture a single unit or a number of units of a product during a specific period under expected or normal conditions.
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