Question

Assume that Tim is
a rational consumer who consumes only
two goods, apples (A) and nuts (..) Assume that his marginal
rate of substitution of apples for nuls is given by the following
No.of apples Confined
formala MRS = MUN/MA = A/N de MRS =
# Resume
Jim's income is Rsioo, Price of nuts & Re5 and
price of apples is Rs 10, What quantities of apples and nuts will
he consume ?​

Answer 1

Explanation:

Assume that Tim is

a rational consumer who consumes only

two goods, apples (A) and nuts (..) Assume that his marginal

rate of substitution of apples for nuls is given by the following

No.of apples Confined

formala MRS = MUN/MA = A/N de MRS =

# Resume

Jim's income is Rsioo, Price of nuts & Re5 and

price of apples is Rs 10, What quantities of apples and nuts will

he consume.