The Marginal Rate of Substitution Indicates

Multiple Choice

The marginal rate of substitution indicates

A) how much of one good a consumer is willing to give up to get one more unit of another good while remaining equally satisfied
B) how much of a good a consumer can receive for $1 while remaining equally satisfied
C) the tendency of a consumer to substitute lower-priced goods for a good whose price has increased
D) the limits of utility analysis
E) the basis of consumer surplus