Question

What is MRS ?? Class 12th Ch 4 Eco

Answer 1

Heya...

Ques :- What is MRS ??

Ans ___________

• It is stand for marginal rate of Substitution...

• It is the rate at which consumer is willing to subsitute a good for other one...

• It decline as we move along with Indifference Curve left to right..

Thank you

Answer 2

Answer:

• It is stand for marginal rate of Substitution...

• It is the rate at which consumer is willing to subsitute a good for other one...

• It decline as we move along with