MRS is determined by Options: A . &nbspsatisfaction level of the consumer B . &nbspincome of the consumer C . &nbsptastes of the consumer D . &nbsppreferences of the consumer

MRS is determined by

Question

MRS is determined by

Options:

A . satisfaction level of the consumer

B . income of the consumer

C . tastes of the consumer

D . preferences of the consumer

Answer: Option D
:
D
MRS is always related to the choice and preferences of the consumer.

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