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Indifference Curves for Perfect Substitutes and Perfect Complements
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Problem 10
Indifference Curves for Perfect Substitutes and Perfect Complements
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18. Consumer Choice and Behavioral Economics / Indifference Curves for Perfect Substitutes and Perfect Complements / Problem 10
Problem 10
If a consumer is indifferent between 6 \$5 bills and 3 \$10 bills, what is the marginal rate of substitution?
A
1
B
3
C
2
D
0.5
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