Christian can watch hours of baseball (B) or hours of reality shows (R) on TV. Watching more baseball makes Jasmine happier, but she really does not care about reality shows --- good or bad. Draw a diagram showing a set of Christian's indifference curves for hours of baseball and hours of reality shows. (Put reality shows on the horizontal axis.) What is Christian's MRS between R & B when he is consuming one unit of each good?

Christian can watch hours of baseball (B) or hours of reality shows (R) on TV. Watching more baseball makes Jasmine happier, but she really does not care about reality shows --- good or bad. Draw a diagram showing a set of Christian's indifference curves for hours of baseball and hours of reality shows. (Put reality shows on the horizontal axis.) What is Christian's MRS between R & B when he is consuming one unit of each good?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter10: Consumer Choice Theory

Section: Chapter Questions

Problem 6P

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