What happens to the marginal rate of substitution as you move along a convex indifference curve? A

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What happens to the marginal rate of substitution as you move along a convex indifference curve? A linear indifference curve?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:14 AM

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What happens to the marginal rate of substitution as you move along a convex indifference curve? A

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The MRS measures how much of a good you are willing to give up in exchang...View the full answer

Microeconomics

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