=+sandwiches. With these endowments, Janes marginal rate of substitution (MRS) of soft drinks for sandwiches is 4

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=+sandwiches. With these endowments, Jane’s marginal rate of substitution (MRS) of soft drinks for sandwiches is 4 and Bob’s MRS is equal to 2. Draw an

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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