Enotes World - Marginal Rate of substitution (MRS) ------------------------------- What it is? It is the rate at which the consumer is willing to give up certain units of a commodity for one
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Marginal Rate of Substitution: Definition, Formula & Example - Video & Lesson Transcript | Study.com
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7.3 Indifference Curve Analysis: An Alternative Approach to Understanding Consumer Choice – Principles of Economics
![Marginal Rate of Substitution | Economics, Formula & Calculator - Video & Lesson Transcript | Study.com Marginal Rate of Substitution | Economics, Formula & Calculator - Video & Lesson Transcript | Study.com](https://study.com/cimages/multimages/16/07e8ecd0-94eb-4532-a005-5033e1a1ef3d2867604747480920462.jpeg)
Marginal Rate of Substitution | Economics, Formula & Calculator - Video & Lesson Transcript | Study.com
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