Answer:
I believe the first answer is correct. (The Pacific Ocean, and Gulf of Mexico/Caribbean Sea).
Explanation:
<span>The Marginal Rate of Substitution refers to the rate the consumer is willing to trade for another good to maintain the level of satisfaction. It is described by ratio of prices. Maximum satisfaction is achieved when trade offs between two goods are equal. </span>
Equality is giving everyone the same amount of something. Equity is giving those who are in need more of something in order to help them be equal with others. For example, an equalist will give everyone the same amount of food regardless of their size. An equitist, on the other hand, will give food in accordance to one's size. In my opinion, both have their pros and cons.
