Economy, asked by Palak112529, 5 months ago

marginal rate of substitution indicates​

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Answered by kuhu005
6

Explanation:

In economics, the marginal rate of substitution (MRS) is the amount of a good that a consumer is willing to consume in relation to another good, as long as the new good is equally satisfying

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Answered by Anonymous
2

In economics, the marginal rate of substitution (MRS) is the amount of a good that a consumer is willing to consume in relation to another good, as long as the new good is equally satisfying.

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