If good a is on the vertical axis and the marginal rate of


A person consumes only two goods, pizza and tacos. Pizza costs $3.21 each and tacos cost $4.23 each. His income is $48,792. If Good A is on the vertical axis and the marginal rate of substitution is equal to -qA/qB what is the optimal amount of consumption of tacos?

Solution Preview :

Prepared by a verified Expert
Basic Computer Science: If good a is on the vertical axis and the marginal rate of
Reference No:- TGS02867588

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)