Answer to Question #16063 in Microeconomics for himanshu

Question #16063
if good1 is neutral ,what is marginal rate of substitution of good2?
1
Expert's answer
2012-10-09T08:53:58-0400
It depends on the second good. If second good is positive then MRS is positive,
cause curve has positive slope; if 2 good - negative, then MRS - negative.

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