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Answer to number 5 please and explain your answer. 2 points 5. If a consumer can only buy combinations of pizza and beer, how do

Answer to number 5 please

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and explain your answer. 2 points 5. If a consumer can only buy combinations of pizza and beer, how do you define and/or describe the marginal rate of substitution of pizza for beer? [1 point] 6. What is an externality in microeconomics? Provide examples of, re- spectively, a positive and a negative externalities. [1 point] 7. Define public goods and explain briefly why they are regarded as market failures? [1 point]

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