Multiple Choice
The marginal rate of substitution between two goods equals the
A) marginal utility of one divided by the marginal utility of the other.
B) marginal utility of one times the marginal utility of the other.
C) marginal cost of one times the marginal cost of the other.
D) price of one good divided by the price of the other.
Correct Answer:
Verified
Correct Answer:
Verified
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