A constant marginal rate of substitution between two goods implies

Name: A constant marginal rate of substitution between two goods implies
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A constant marginal rate of substitution (MRS) between two goods implies that the consumer is willing to substitute one good for another at a constant rate. This only happens when the goods are perfect substitutes for each other, meaning that the consumer is indifferent between the two goods and will choose whichever is cheaper or more readily available.

A Constant Marginal Rate of Substitution Between Two Goods Implies