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Ao9 Ao9
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Posts: 1908
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8 years ago
The marginal rate of substitution measures
A) the rate at which a consumer is willing to exchange one good for another.
B) the willingness of a consumer to exchange a good with another consumer.
C) the willingness of a consumer to pay the form for a good.
D) the value in dollars of the last unit of good obtained by the consumer.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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#1
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Posts: 1906
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8 years ago
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Ao9 Author
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#2
8 years ago
You're sharp, thanks!
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#3
8 years ago
Glad to help...
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