Ejercicio Test 1 - h · Microeconomía I UPF 2019

Two goods are considered: canned water in containers of 1/3 litre (good 1) and bottled water in containers of 1/2 litre (good 2).

h. Assume good 1 represents 2€ coins ($x_1$) and good 2 represents 0.50€ coins ($x_2$). Assuming you only care about total monetary value, what is your marginal rate of substitution ($MRS$) at the bundle $(2, 1)$?