mulberry alexa clutch Principles of Economics(Mank

relative price of the two goods and then chooses an optimum at which his mar-
ginal rate of substitution equals this relative price. The relative price is the rate at
which the market is willing to trade one good for the other,replay jeans, whereas the marginal
rate of substitution is the rate at which the consumer is willing to trade one good for
the other. At the consumer's optimum,mulberry alexa clutch, the consumer's valuation of the two goods
(as measured by the marginal rate of substitution) equals the market's valuation
(as measured by the relative price). As a result of this consumer optimization,p90x free shipping, mar-
ket prices of different goods reflect the value that consumers place on those goods.