QUESTION 13 For normal preferences, what happens to the MRSXY as an individual consumes more of good Y? O The MRSXY will decrease The MRSXY will increase O It is not possible to predict without more information. The MRSXY will stay constant O O
QUESTION 13 For normal preferences, what happens to the MRSXY as an individual consumes more of good Y? O The MRSXY will decrease The MRSXY will increase O It is not possible to predict without more information. The MRSXY will stay constant O O
Chapter1: Making Economics Decisions
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Transcribed Image Text:QUESTION 13
For normal preferences, what happens to the MRSXY as an individual consumes more of good Y?
The MRSXY will decrease
The MRSXY will increase
It is not possible to predict without more information.
The MRSXY will stay constant
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