Multiple Choice
When the marginal rates of substitution differs across any two consumers,then:
A) mutually beneficial trade is possible between them.
B) the only way to make one consumer better off is to make the other worse off.
C) it is impossible to find a point that makes both worse off.
D) a mutual exchange between them will leave them worse off.
Correct Answer:
Verified
Correct Answer:
Verified
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