8. Which of the following is true about the Marginal Rate of Substitution (MRS) between X and Y?
  1. The MRS between X and Y is higher at point A than at point B because consumption of X is lower.
  2. The MRS between X and Y is lower at point A than at point B because consumption of X is lower.
  3. We can't compare the two MRSs because the consumption bundles are different.
  4. We can't compare the two MRSs because the price ratios are different.
  5. The MRS between X and Y is the same on both indifference curves.

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