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Tags
#cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-3-utility-theory #study-session-4

Question
When two consumers have different preferences, they will have different marginal rates of substitution when evaluated at identical bundles. Here, Warren has a relatively strong preference for [...] because he is willing to give up more [...] for another [...] than is Smith.
Answer
bread

wine

slice of bread

Tags
#cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-3-utility-theory #study-session-4

Question
When two consumers have different preferences, they will have different marginal rates of substitution when evaluated at identical bundles. Here, Warren has a relatively strong preference for [...] because he is willing to give up more [...] for another [...] than is Smith.
Answer
?

Tags
#cfa #cfa-level-1 #economics #has-images #microeconomics #reading-14-demand-and-supply-analysis-consumer-demand #section-3-utility-theory #study-session-4

Question
When two consumers have different preferences, they will have different marginal rates of substitution when evaluated at identical bundles. Here, Warren has a relatively strong preference for [...] because he is willing to give up more [...] for another [...] than is Smith.
Answer
bread

wine

slice of bread

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


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