Question
Suppose Bob is indifferent between these two consumption bundles {10 pens, 6 notebooks} and {6 pens, 8 notebooks}. This indifference shows that Bob is willing
Suppose Bob is indifferent between these two consumption bundles {10 pens, 6 notebooks} and {6 pens, 8 notebooks}. This indifference shows that Bob is willing to give up _______ pen(s) for an additional notebook.
a.0.5
b.1
c.2
d.4
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
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