Y axis 0,10… Show more The following questions refer to the following graph of a consumer’s indifference curve. Y axis 0,10, 20, 30, 40 X axis 0, 10, 20, 30, 40 Point A set at 10x and 30y Point C sets at 20 x and 15y Point B set at 30x and 10y Questions a) What is the consumer’s marginal rate of substitution between points A and C?______ Moving between these points, the consumer is willing to give up_____units ofY for another X or _____units of X for another Y. b) Whatis the consumer’s marginal rate of substitution between points C and B?_____ Moving between these points the consumer is willing to give up _____ units of Y for another X or _____units of X for another Y. c) At this point C the consumer’s marginal rate of substitution at point is approximately ____. This means that the consumer is willing to substitute at a rate of _____ units of Y for one moew X or _____X for one Y. Kimberly • Show less