good X is $500 per unit, and the price of good Y is $1 per unit. The marginal rate of
Question
good X is 1 per unit. The marginal rate of
Solution
It seems that your question is incomplete, specifically regarding the marginal rate of what you are referring to. The marginal rate typically refers to the marginal rate of substitution (MRS) or something similar in economics, which describes how much of one good (Y) a consumer is willing to give up to obtain an additional unit of another good (X), while keeping their utility constant.
To help you further, please complete the question with the specific context or additional details regarding the marginal rate you're asking about. This could include whether you want to calculate the MRS or explore a specific scenario involving goods X and Y.
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