#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
The slope of an indifference curve at any point is referred to as the marginal rate of substitution (MRS), the rate at which the consumer will willingly exchange units of Good X for units of Good Y.
If you want to change selection, open document below and click on "Move attachment"
- (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p51
|status||not read|| ||reprioritisations|
|last reprioritisation on|| ||suggested re-reading day|
|started reading on|| ||finished reading on|