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    Principles of Economics
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    Exam 22: The Theory of Consumer Choice
  5. Question
    The Marginal Rate of Substitution Is
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The Marginal Rate of Substitution Is

Question 82

Question 82

Multiple Choice

The marginal rate of substitution is:


A) the slope of a budget constraint
B) always constant
C) the slope of an indifference curve
D) the point at which the budget constraint and the indifference curve is tangent

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