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Indifference Curves for Perfect Substitutes and Perfect Complements
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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 9
Problem 9
If a consumer is indifferent between 8 \$5 bills and 4 \$10 bills, what is the marginal rate of substitution?
A
2
B
0.5
C
4
D
1
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