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does the principle of diminishing marginal rate of substitution depend on the diminishing marginal utility of X and Y?
does the principle of diminishing marginal rate of substitution depend on the diminishing marginal utility of X and Y?
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Yes the principle of diminishing marginal rate of substitution MRS is closely related to the concept ...
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Calculus For Scientists And Engineers Early Transcendentals
Authors: William L Briggs, Bernard Gillett, Bill L Briggs, Lyle Cochran
1st Edition
0321849213, 9780321849212
