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The Marginal Rate of Substitution Is Also Known as the Slope

question 79

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The marginal rate of substitution is also known as the slope of the budget constraint.


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Vehicles powered by a combination of an internal combustion engine and one or more electric motors, using less fuel and emitting less CO2 than conventional vehicles.

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Two-wheeled vehicles that are powered by an engine, often used for both transportation and recreation.

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Electronic devices that use liquid crystal displays to show television programming, movies, and other content.

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