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What Is Mark's Marginal Rate of Substitution,MRS,between Consumption and Leisure

Question 17

Multiple Choice

What is Mark's marginal rate of substitution,MRS,between consumption and leisure?

A) 0.7 dollars per hour
B) 1.5 dollars per hour
C) 3.5 dollars per hour
D) 4 dollars per hour
E) 5.5 dollars per hour

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