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The marginal rate of substitution is a. The ratio of the numbers of the goods in a given consumption choice. b. The number of one

The marginal rate of substitution is

The ratio of the numbers of the goods in a given consumption choice.

The number of one good the consumer is willing to trade with one unit of the other.

The slope of the budget curve.

The number of one good the consumer has to exchange with one unit of the other, given his budget.

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