Marginal rate of transformation between baseballs and gloves

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Suppose you have $400 to spend on either Baseballs (B) or Baseball Gloves (G). Baseballs cost $8 each and Gloves cost $25 each. Using a graph, illustrate your budget constraint. Please put the number of Baseballs on the vertical axis and the number of Gloves on the horizontal axis. What is the Marginal Rate of Transformation between Baseballs and Gloves?

Reference no: EM13734291

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