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    Microeconomics Study Set 49
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    Exam 3: Consumer Preferences and the Concept of Utility
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    Two Goods Are Perfect Substitutes
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Two Goods Are Perfect Substitutes

Question 57

Question 57

Multiple Choice

Two goods are perfect substitutes. The marginal rate of substitution for these two goods is:


A) parabolic.
B) exponential.
C) a constant.
D) shows diminishing marginal utility.

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