=+A. Ellies indifference curve appears to have a marginal rate of substitution of 21 at her endowment
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=+A. Ellie’s indifference curve appears to have a marginal rate of substitution of 21 at her endowment bundle, whereas Jenny’s appears to have a marginal rate of substitution of 22 at the same bundle.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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