marginal rate of substitution indicates
Answers
Answered by
21
Answer:
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.
Explanation:
Mark the answer as brainliest
Similar questions
Chemistry,
2 months ago
English,
2 months ago
Social Sciences,
2 months ago
Social Sciences,
4 months ago
English,
4 months ago
Math,
10 months ago
Math,
10 months ago