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Frozen Yogurt
A dessert made from yogurt and sometimes other dairy products that is frozen and has a taste and texture similar to ice cream.
Indifference Map
A graphical representation of different bundles of goods between which a consumer is indifferent.
Marginal Rate of Substitution
The pace at which a consumer is capable of sacrificing some portion of one item to obtain a different item, without altering their overall happiness.
Marginal Rate of Substitution
The rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility.
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