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Suppose Anne is indifferent between the following three bundles: A (10, 1), B (4, 2), C (2, 5). If Anne's preferences over apples and bananas
Suppose Anne is indifferent between the following three bundles: A (10, 1), B (4, 2), C (2, 5). If Anne's preferences over apples and bananas are transitive and strictly monotonically increasing in both goods, what is her preference relation between bundle E (8, 1) and bundle F (4, 3)? Do Anne's preferences exhibit a Diminishing Marginal Rate of Substitution
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