Problem
Nora likes to breed rabbits. Clearly, she can't get very far with one rabbit. Thinking about the trade-offs between rabbits and other goods, would you expect the Declining MRS Principle to hold? Can you think of other situations in which it might be violated?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.