Answer to Question #21986 in Microeconomics for Rabel

Question #21986
what is the marginal rate of substitution, MRS? explain in words. what does it mean and what influence of MRS will have on the shape of indifference curve?
0
Expert's answer

Not answered

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal