15 Answers
15 Answers
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it is a rate at which consumer ready to give up one commodity for another0Modal content
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Margianl rate of substitution0Modal content
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mrs - marginal rate of substitution. mrs is the rate at which consumers give up one amount of commodity in order to purchase another amount of a commodity0Modal content
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marginal rate of substitute0Modal content
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Marginal rate of substitution n indifference curve is based on diminish mrs0Modal content
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marginal rate of substitution0Modal content
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MRS means marginal rate of substitution.. it is a rate at which consumer substitute one commodity for another without changing the level of satisfaction0Modal content
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marginal rate of substitution0Modal content
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thanks yamini for a2a.
MRS means the marginal rate of substitution
n economics, the marginal rate of substitution (MRS) is the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.
all the best and happy learning.0Modal content
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it is the rate of substituting one commodity on the place of other commodity .0Modal content
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ratio of gain of one good to sacrifice the other good2Modal content
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MRS means the marginal rate of substitution
n economics, the marginal rate of substitution (MRS) is the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.6Modal content- divya
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marginal rate substitution0Modal content
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MRS refers to marginal rate of substitution.0Modal content
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marginal rate substation3Modal content
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