Figure 6-2 Shows an Edgeworth Box with the Preferences of Kathy

question 52

Multiple Choice

Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy.
Figure 6-2
-At point C in Figure 6-2,which of the following is true of the comparison between Tim's marginal ate of substitution of candy for bread [MRS_CB] and Kathy's MRS_CB?

• A)Tim's MRS_CB is greater than Kathy's MRS_CB.
• B)Tim's MRS_CB is smaller than Kathy's MRS_CB.
• C)Tim's MRS_CB is equal to Kathy's MRS_CB.
• D)Tim's MRS_CB is zero and Kathy's MRS_CB is positive.

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Definitions:

Circularity

A geometric term referring to the attribute of a shape being round, measured typically by how much a part deviates from a perfect circle.

Feature Control Frame

A rectangular box that contains the geometric characteristics and tolerances applicable to the features of parts in technical drawings.

Datum Surface

A reference surface or point from which measurements are taken to ensure parts are manufactured, or assembled correctly.

Flat Surface

A surface that has a continuous planar extension in which any two points can be joined by a straight line that lies entirely in the surface.