The marginal rate of substitution is the slope of the budget constraint.

Name: The marginal rate of substitution is the slope of the budget constraint.
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Question

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The marginal rate of substitution (MRS) is the slope of the indifference curve, not the budget constraint. The slope of the budget constraint represents the rate at which a consumer can trade one good for another in the market, based on the prices of the goods.

The Marginal Rate of Substitution Is the Slope of the Budget