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If You Are Willing to Give Up 15 Units of Good

Question 54

Multiple Choice

If you are willing to give up 15 units of good A (on the vertical axis) for 5 units of good B (on the horizontal axis) and your level of satisfaction is unchanged, the marginal rate of substitution of B for A is:


A) 2.
B) 3.
C) 5.
D) 10.

Correct Answer:

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