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Going from 15 mangoes and 1 banana to 12 mangoes and 2 bananas, MRS is what?
A3 mangoes per banana
B1 mango per banana
C12 mangoes per banana
D15 mangoes per banana
Answer & Solution
Correct answer: A. 3 mangoes per banana
The consumer gives up 3 mangoes (15 minus 12) for 1 extra banana, so MRS is 3:1.
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