The marginal rate of substitution September 22, 2022 by 8i9x6 is the amount of one good the consumer is willing to give up in exchange for another so as to keep total satisfaction unchanged. is constant as one moves along a particular indifference curve. is the amount of one good the consumer is willing to give up in exchange for another so as to keep total expenditure unchanged. is equal to the price ratio on the budget line. always has a positive algebraic value. See Answer is the amount of one good the consumer is willing to give up in exchange for another so as to keep total satisfaction unchanged.