Multiple Choice
If you are willing to give up 8 units of good A (on the vertical axis) for 4 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) 0.5.
B) 2.
C) 1.
D) 5.
Correct Answer:
Verified
Correct Answer:
Verified
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