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What is MRS? Related: Chapter Notes - Consumer's Equilibrium and Dema...
MRS is the rate at which a consumer is willing to sacrifice the consumption of one good(say y) to consume an additional unit of another good(say x).
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What is MRS? Related: Chapter Notes - Consumer's Equilibrium and Demand, Class 12, Economics
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What is MRS? Related: Chapter Notes - Consumer's Equilibrium and Demand, Class 12, Economics for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is MRS? Related: Chapter Notes - Consumer's Equilibrium and Demand, Class 12, Economics covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is MRS? Related: Chapter Notes - Consumer's Equilibrium and Demand, Class 12, Economics.
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