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

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/learn-microeconomics.html
Length: 04:45

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