Question: 1. Assume that a consumer consumes two commodities X and Y and makes five combinations for the two commodities: Combination Units of X Units of

1. Assume that a consumer consumes two commodities X and Y

1. Assume that a consumer consumes two commodities X and Y and makes five combinations for the two commodities:

and makes five combinations for the two commodities: Combination Units of X

Combination Units of X Units of Y A 25 B 20 5 C 16 10 D 13 18 E 11 28 Calculate Marginal rate of Substitution and explain the

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