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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 32
Suppose a consumer's marginal rate of substitution is three slices of pizza for one Coke. If the price of a Coke is $1 and the price of three slices of pizza is $2, would the consumer change his or her consumption combination?
Explanation
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Marginal rate of substitution is the neg...
Economics for Today 9th Edition by Irvin Tucker
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