Exercise 4.13: Kate has 25 MMs and Antonio has 10 Milk Duds. Suppose Kate's MRS for Milk Duds with M
Question: Exercise 4.13: Kate has 25 M&Ms and Antonio has 10 Milk Duds. Suppose Kate's MRS for Milk Duds with M&Ms is 4 regardless of what she consumes, and that Antonio's is 3 regardless of what he consumes. Kate and Antonio trade until there is no further opportunity for mutual gain. Can you say anything about what they've traded (how many M&Ms for how many Milk Duds)?
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