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Use the Follwoing Figure to Answer the Questions : Figure

question 42

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Use the follwoing figure to answer the questions : Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy. Use the follwoing figure to answer the questions : Figure 6-2 shows an Edgeworth box with the preferences of Kathy and Tom toward bread and candy.   -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<sub>CB</sub>] and Kathy's MRS<sub>CB</sub>? A) Tim's MRS<sub>CB </sub>is greater than Kathy's MRS<sub>CB</sub>. B) Tim's MRS<sub>CB</sub> is smaller than Kathy's MRS<sub>CB</sub>. C) Tim's MRS<sub>CB</sub> is equal to Kathy's MRS<sub>CB</sub>. D) Tim's MRS<sub>CB</sub> is zero and Kathy's MRS<sub>CB</sub> is positive.
-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 [MRSCB] and Kathy's MRSCB?


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