he rate of market substitution is: The consumer’s marginal utility The consumer’s total utility The slope of the indifference curve The slope of the budget line
he rate of market substitution is: The consumer’s marginal utility The consumer’s total utility The slope of the indifference curve The slope of the budget line
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 2SQ
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The rate of market substitution is:
The consumer’s
The consumer’s total utility
The slope of the indifference curve
The slope of the budget line
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