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If You Are Willing to Give Up 10 Units of Good

Question 174

Multiple Choice

If you are willing to give up 10 units of good Y (on the vertical axis) for 5 units of good X (on the horizontal axis) , and your level of satisfaction is unchanged, the marginal rate of substitution is:


A) 0.5.
B) 2.
C) 5.
D) 10.

Correct Answer:

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