Explain whether each of the following statements is true or false. The marginal rate of substitution (MRS) diminishes as an individual moves downward along the demand curve. Assume the statement refers to good X with price Ps, where good X is measured on the horizontal axis of an indifference map and good Y is measured on the vertical axis. This statement is â—‹ A. true because the MRS equals Px, which decreases as an individual moves downward along the demand curve â—‹B. P. true because the MRS equals p, which increases as an individual moves downward along the demand curve. P. true because the MRS equals p, which decreases as an individual moves downward along the demand curve. 0 D. false because the MRS is constant as an individual moves downward along an indifference curve. O E. false because the MRS diminishes as an individual moves upward along the demand curve

George kyparisis makes bowling balls in his miami plant. with recent increases in his​ costs, he has a newfound interest in efficiency. george is interested in determining the productivity of his organization. he would like to know if his organization is maintaining the manufacturing average of a​ 3% increase in productivity. he has the following data representing a month from last year and an equivalent month this​ year: last year now cost per input unit units produced 1 comma 2001,200 1 comma 2001,200 labor​ (hours) 300300 275275 ​$1212 per hour resin​ (pounds) 5050 4545 ​$55 per pound capital invested​ ($) 10 comma 00010,000 11 comma 00011,000 22​% per month energy​ (btu) 2 comma 9002,900 2 comma 7502,750 ​$0.600.60 per btu the percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator​ = 3.153.15​% ​(enter your response as a percentage rounded to two decimal​ places).