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At equilibrium, the marginal rate of substitution describes: a. the slope of the budget constraint. b.the number of units of one good that a consumer

At equilibrium, the marginal rate of substitution describes:

a. the slope of the budget constraint.

b.the number of units of one good that a consumer is willing to trade for an additional unit of another good in order to increase utility by 1 unit.

c. the slope of the demand curve.

d. the number of units of one good that a consumer is willing to trade for an additional unit of another good, holding utility fixed.

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