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9 March, 01:55

Jon is always willing to trade one can of Coke for one can of Sprite, or one can of Sprite for one can of Coke.

What can you say about Jon's marginal rate of substitution?

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  1. 9 March, 03:08
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    For each can of soda he gets one in return.

    Explanation:

    If he gets one soda for another the logical answer is that for each trade he gets a soda but it also could mean that those are his two favorite.
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