=+c. The two goods are perfect substitutes for each of them, with the same MRS within and
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=+c. The two goods are perfect substitutes for each of them, with the same MRS within and across their indifference maps.
d. They have the same tastes and own different bundles of goods but are currently located on the same indifference curve.
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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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