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rewona [7]
3 years ago
9

A consumer's willingness to trade one good for another can be expressed by the consumer's marginal rate of substitution. True Fa

lse
Business
1 answer:
kotykmax [81]3 years ago
8 0

Answer:

TRUE

Explanation:

A consumer's marginal rate of substitution (MRS) can be defined as the number or amount of goods that he/she is willing to trade for another in other to gain maximum satisfaction of the goods.

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