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Answer to Question #16063 in Microeconomics for himanshu
Question #16063
if good1 is neutral ,what is marginal rate of substitution of good2?
Expert's answer
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.
cause curve has positive slope; if 2 good - negative, then MRS - negative.
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