Respuesta :
Answer:
For each can of soda he gets one in return.
Explanation:
If he gets one soda for another the logical answer is that for each trade he gets a soda but it also could mean that those are his two favorite.
Jon's marginal rate of substitution is 1 because Jon sacrificed 1 unit of Coke for one of sprite cane.
What is a marginal rate of substitution?
As long as the new good is equally fulfilling, a customer will consume more of one good than another, which is known as the marginal rate of substitution (MRS). To examine customer behavior, MRS is employed in the indifference hypothesis.
The calculation for the marginal rate of substitution = change in one good divided by change in another good.
= one cane of Coke divided by one cane of Sprite = 1
Thus, The indifference theory uses MRS to examine customer behavior. Jon sacrificed 1 unit of Coke for 1 sprite cane, therefore his marginal rate of substitution is 1.
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