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kezdjen tanulni

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kérdés American English válasz American English
pareto efficiency
kezdjen tanulni
an economic state where resources cannot be reallocated to make one individual better off without making at least one individual worse off
while MRS focuses on the consumer demand side
kezdjen tanulni
MRT focuses on the manufacturing production side
the law of diminishing marginal rates of substitution
kezdjen tanulni
usually marginal substitution is diminishing
MRS
kezdjen tanulni
is the amount of a good that a consumder is willing to consume compared to another good as long as the new good is equally satisfying
marginal utility for subsitution is zero when
kezdjen tanulni
when somebody is indifferent to substituting
diminishing marginal rate of substitution
kezdjen tanulni
a decline in MRTS along an isoquant for producing the same level of output
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