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Intuitively,the Marginal Rate of Substitution for X with Y Does

Question 60

Multiple Choice

Intuitively,the marginal rate of substitution for X with Y does not tell us


A) How much Y a consumer needs to compensate them for a little less X
B) How much X must be taken away from a consumer to compensate them for an increase in Y
C) How much X a consumer needs to compensate them for a little less Y
D) How much more Y the consumer will buy if the price of Y increases

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