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How can one determine the marginal rate of substitution in economics?
In economics, the marginal rate of substitution can be determined by calculating the ratio of the marginal utility of one good to the marginal utility of another good. This ratio represents the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction.
What the role of interest rate in economic and what the good and bad effect of interest rate.?
what's effect on plabmid when gene of interest large size
What is a good price to buy gold at?
a price lower han going rate
What is the difference between marginal rate of substitution and marginal rate of technical substitution?
marginal rate of substitution is the slope of the indifference curve. It is the rate at which the consumer is willing to give up certain units of a good in order to get an additional unit of another good. it is equal to the ration of the Marginal Utilities of the 2 goods. marginal rate of transformation is the slope of the production possibiltiy frontier. it is the rate at which the producer is willing to give up the production of certain units of a good in order to increase the prpduction of the other good by 1 unit ( by shifting the inputs more towards the production of the last good). it is equal to the ratio of the marginal costs of the 2 goods.
How do you calculate the marginal rate of substitution between two goods in an economic model?
In an economic model, the marginal rate of substitution between two goods is calculated by finding the ratio of the marginal utility of one good to the marginal utility of the other good. This ratio represents the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction.
Does Vauxhall Zafira have any cheap models?
"Older car models of the Vauxhall Zafira can definitely be sold at a cheap rate, also including used cars. However, the 2005 model provides a good deal at about 20k with many seaters and good make."
Can you get a flat quote for a cheap moving truck?
If looking for a flat quote for a cheap moving truck, check out Flat Rate Moving. They offer quotes, early bird specials, moving plans, summer rates and a special $100 cash back offer on your next move.
How much does it cost to have your home unpacked after moving?
it isn't a flat rate deal. It is labor intensive and is billed by the hour.
How we can convert diminishing rate to flat rate?
diminishing rate / 1.85 = flat rate
How can one be sure they've found a good deal on their mortgage?
The biggest indication of if someone got a good deal on their mortgage would be their interest rate. A low interest rate, generally five percent or under, is a good deal on a mortgage as long as it is fixed. A varying rate would be a bad deal. Another sign of a good deal would be if the mortgage is held by a reputable lender who has a good reputation for customer support as there may come a time when one would require assistance with their mortgage and great customer support is a good added value.
Cheap APR loans are easier to receive if you have good what?
Cheap APR (Annual Percentage Rate) are easier to get if one has a good income and good credit background, both of which the loaners will surely check.
What if you have electricity as a flat rate for the month is it a fixed or variable?
Flat rate = fixed.
What is a good flat rate pay for an automotive dismantler at a junkyard?
$10-$13 per hr.
What will be the flat rate shipping costs large box?
Hi In Flat rate shipping it does not matter that what is the weight or size of your box, there is flat rate for shipment with in your country.
What is a cheap phone that does not require a time commitment?
Two good phone companies are Virgin Mobile and Boost Mobile. With Virgin you can pay per minute and pay per text while with Boost you pay a low flat rate with no time commitment.
Does Amazon sell good, cheap running heart rate monitors?
Yes Amazon does sell running heart rate monitors. A cheap one is the Garmin Heart-Rate Monitor only $39.25+tax. If you want one that's built into a watch then a cheap one would be the Polar RS100 Heart Rate Monitor and Stopwatch new for $66.39+tax.
Can you find a flat rate for corporate movers?
You can indeed find a flat rate for corporate movers. Research the company you are trying to do business with and their flat rate should be on their website.
