Question: Elfonso Smith is maximizing utility between peanuts (P) and root beer (R) at a budget expenditure of TBP= $10 and TBR=$50. This would indicate that

Elfonso Smith is maximizing utility between peanuts (P) and root beer (R) at a budget expenditure of TBP= $10 and TBR=$50. This would indicate that the marginal rate of substitution of peanuts for root beet is: Group of answer choices

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