Suppose a taco costs $4 and a burrito costs $2. Moreover, this Mexican
Suppose a taco costs $4 and a burrito costs $2. Moreover, this Mexican restaurant has a special deal. After you’ve bought 6 burritos, you can buy each extra burrito for $1.50. Assume that tacos are on the vertical axis and burritos on the horizontal axis. What is the marginal rate of transformation (MRT) when 8 burritos are purchased?
A) MRT = 0.375
B) MRT = 0.50
C) MRT = 2
D) MRT = 2.67
ANSWER
A
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