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Figure 21-11 -Refer to Figure 21-11. What Is the Consumer's Marginal Rate

Question 294

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Figure 21-11 Figure 21-11 -Refer to Figure 21-11. What is the consumer's marginal rate of substitution? A) 12 B) 4 C) 1 D) We do not have enough information to answer the question because the MRS varies along the graph.
-Refer to Figure 21-11. What is the consumer's marginal rate of substitution?


A) 12
B) 4
C) 1
D) We do not have enough information to answer the question because the MRS varies along the graph.

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