If Another Unit of Good X Gives a Consumer 15

question 42

True/False

If another unit of Good X gives a consumer 15 additional units of satisfaction, and another unit of Good Y gives 45 additional units of satisfaction, the MRS is equal to 1/3.

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Definitions:

Check Boxes

GUI components that allow the user to make a binary choice; typically used to select or deselect a single option.

Combo Box

A graphical user interface element that combines a drop-down box with a selection field, allowing users to select an option from a list or input a custom value.

Graphics Object

A graphical image or entity used in computer graphics programming, representing various visual elements such as shapes, lines, and colors.

Draw Line

This typically refers to a computer graphics operation in which a line is generated between two points.