IDNLearn.com: Your one-stop destination for finding reliable answers. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

Suppose consumer are always ready to trade k units of good X for w units of good Y. Then, what would be the marginal rate of substitution between X and Y?
a. it is undefined
b. w/k
c. kX/wY
d. k/w


Sagot :

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.