=+We concluded previously that when the two states are the same (aside from the income level associated

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=+We concluded previously that when the two states are the same (aside from the income level associated with each state), MRS 5 211 2 d2/d along the 45-degree line. In the case we just discussed, can

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 05, 2024 02:00 AM

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=+We concluded previously that when the two states are the same (aside from the income level associated with each state), MRS 5 211 2 d2/d along the 45-degree line. In the case we just discussed, can
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=+you tell whether the MRS is greater or less than this along the 45-degree line?
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=+We concluded previously that when the two states are the same (aside from the income level associated

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Microeconomics An Intuitive Approach With Calculus

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