A.3 Marginal rate of substitution | Consumption - Microeconomics
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YouTubePoliconomics
A.3 Marginal rate of substitution | Consumption - Microeconomics
Learn more: http://www.policonomics.com/marginal-rate-of-substitution/ Versión en español: https://youtu.be/vj0pX3olzdo This video explains how to calculate and use the marginal rate of substitution (MRS). We start by learning how to calculate it, then move on to use it in order to properly draw indifference curves and, finally, we analyse ...
243.8K viewsJan 10, 2014
Marginal Rate of Substitution Explained
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