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Author Question: What is the marginal rate of substitution? A) the rate at which the consumer is willing to trade ... (Read 54 times)

stephzh

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on: Jun 29, 2018
What is the marginal rate of substitution?
 
  A) the rate at which the consumer is willing to trade one good for another without any loss in utility
  B) the rate at which the consumer is willing to trade one good for another so that she increases her utility
  C) the price ratio
  D) the rate at which the consumer must give up one good to purchase an additional unit of the other goods in the market

Question 2

Explain the difference between a cooperative equilibrium and a noncooperative equilibrium in game theory.
 
  What will be an ideal response?
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sierramartinez

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stephzh

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

31809pancho

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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