Marginal rate of substitution: Difference between revisions
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imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the Marginal rate of substitution/Definition subpage-->) |
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Latest revision as of 06:16, 5 February 2010
Marginal rate of substitution [r]: The rate at which a person has to substitute the possession of one product for another in order to maintain a constant level of utility. [e]
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