If Fred's Marginal Rate of Substitution of Salad for Pizza

question 7

Multiple Choice

If Fred's marginal rate of substitution of salad for pizza equals five,then

• A)he would give up five pizzas to get the next salad.
• B)he would give up five salads to get the next pizza.
• C)he will eat five times as much pizza as salad.
• D)he will eat five times as much salad as pizza.

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