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6a. Marginal Rate of Substitution and Marginal Utility (with Calculus)

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Uploaded on Sep 27, 2009

In this video, I use calculus to derive the relationship between marginal rate of substitution and the marginal utilities of the two goods.


Check out a description of my teaching activities here:

www.tonycookson.com/teaching

Check out a list of the videos in this series (organized by topic) here:

http://blog.thisyoungeconomist.com/p/...

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