c. Kory is considering buying 1 album and 10 cups of hot chocolate. At that bundle, her

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c. Kory is considering buying 1 album and 10 cups of hot chocolate. At that bundle, her marginal rate of substitution of albums in place of hot chocolate is 5; that is, she would be just willing to exchange 5 cups of hot chocolate for 1 album.

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Economics

ISBN: 9781319181949

5th Edition

Authors: Paul Krugman, Robin Wells

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