Question: With the per unit prices of broccoli B and pork rinds
With the per-unit prices of broccoli (B) and pork rinds (R) equal to $ 2 and $ 1, a consumer, George, with an income of $1,000 purchases 400R and 300B. At that point, the consumer’s MRSBR = 2R / 1B. Does this mean that George would be just as well off consuming 200R and 400B? Explain with a diagram.
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