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    Microeconomics Study Set 11
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    Exam 4: Consumer Preferences
  5. Question
    Higher Rates of Substitution Are Indicated by _______ Values of the Marginal
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Higher Rates of Substitution Are Indicated by _______ Values of the Marginal

Question 17

Question 17

Multiple Choice

Higher rates of substitution are indicated by _______ values of the marginal rate of substitution.


A) small negative
B) large negative
C) small positive
D) large positive

Correct Answer:

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