when you say MRS(subscript XY) for compliment goods is infinity along y axis and 0 along x axis,...

Question

when you say MRS(subscript XY) for compliment goods is infinity along y axis and 0 along x axis, What do you mean literally??

David · Accepted Answer

Marginal Rate of Substitution: when you say MRS(subscript XY) for compliment goods is 
infinity along y axis and 0 along x axis, What do you mean literally??  
Answer: 
Marginal rate of substitution (MRS) is the rate at which consumer is willing to substitute one 
good for another such that resulting change in is zero.

when you say MRS(subscript XY) for compliment goods is infinity along y axis and 0 along x axis, What do you mean literally??

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