Calculating the marginal rate of substitution assumes that _____ remain(s) unchanged.
A) prices
B) money income
C) satisfaction
D) the quantities of both goods

Question

Quizplus · Accepted Answer

The marginal rate of substitution assumes that satisfaction (or utility) remains unchanged as it measures the rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility.

Calculating the Marginal Rate of Substitution Assumes That _____ Remain(s)