Multiple Choice
If you are willing to give up 5 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) 1.
C) 2.
D) 5.
Correct Answer:
Verified
Correct Answer:
Verified
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