Bob likes apples and bananas. The current price of apples is $3 per pound, and the...
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Bob likes apples and bananas. The current price of apples is $3 per pound, and the current price of bananas is $1. If Bob's marginal rate of substitution (MRS) between apples and bananas is equal to 2, which of the following is true? O a. Bob should consumer fewer bananas and more apples. O b. Bob should consumer fewer apples and more bananas. Oc. Bob is maximizing his utility. Bob likes apples and bananas. The current price of apples is $3 per pound, and the current price of bananas is $1. If Bob's marginal rate of substitution (MRS) between apples and bananas is equal to 2, which of the following is true? O a. Bob should consumer fewer bananas and more apples. O b. Bob should consumer fewer apples and more bananas. Oc. Bob is maximizing his utility.
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