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
Correct Answer:

Verified
Correct Answer:
Verified
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Q78: Graph 22-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 22-1
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Q85: Graph 22-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 22-1
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Q87: Graph 22-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 22-3