What problem is posed by any comparison over time of market

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Q. Here, MUB = C and MUC = B. What is his marginal rate of substitution if veggie burgers are on vertical axis and cigarettes are on horizontal axis?

Q. Why do national income accountants compare market value of total outputs in various years rather than actual physical volumes of production? What problem is posed by any comparison over time of market values of various total outputs? How is this problem resolved?

 

 

Reference no: EM1371632

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