Economy, asked by anandsar053, 7 months ago

what does rate of substitution between two goods measures

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Answered by Anonymous
2

Answer:

the marginal rate of substitution between two good measures

Answered by Anonymous
12

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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 comparable good is equally satisfying.....

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