good day all
I am taking second year economics, but my textbook is not very clear on this topic
A quoted from
Intermediate Microeconomics and Its Application. Nicholson, Snyder. 11th Edition.
Used in question: 2 Extracts from textbook, 1 text and 1 graph:
Indifference Curve Used as reference:
Tutorial Question given by university:
From the extract, I understand that the MRS is determined by the change in hamburgers / change in softdrinks which gives MRS = |2|.
From my tutorial question, slightly different terminology was used ("consumption"), which resulted the answer shown.
I do not understand why the answer for the tutorial question is 1/5 and not 5 (based on the example from the book).
Help would be very much appreciated!