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    Exam 15: Taxation and Efficiency
  5. Question
    The Marginal Rate of Substitution Is
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The Marginal Rate of Substitution Is

Question 24

Question 24

Multiple Choice

The marginal rate of substitution is


A) the slope of the utility curve.
B) the slope of the contract curve.
C) the slope of the utility possibilities curve.
D) none of the above.

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