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Assume Tania's preferences satisfy all the usual assumptions. When Tania has a large (in magnitude) marginal rate of substitution between x and y , then
Assume Tania's preferences satisfy all the usual assumptions. When Tania has a large (in magnitude) marginal rate of substitution between x and y, then
Group of answer choices
She has a lot of x and not a lot of y.
She is willing to give up a lot of y to get more x.
She has a lot of y and not a lot of x.
She prefers to consume only y.
She is willing to give up a lot of x to get more y.
She prefers to consume only x.
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