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If quantity of pizza is measured on the horizontal axis, quantity of hamburgers is measured on the vertical axis, the marginal rate of substitution is
If quantity of pizza is measured on the horizontal axis, quantity of hamburgers is measured on the vertical axis, the marginal rate of substitution is -5 and the slope of the budget constraint is -3, then the consumer should...
a.Increase pizza and hamburger consumption.
b.Increase hamburger consumption and decrease pizza consumption.
c.Do nothing. The consumer is maximising utility.
d.Increase pizza consumption and decrease hamburger consumption.
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