MRS of X for Y is the amount of Y for which a consumer is willing to exchange X locally. The MRS is different at each point along the indifference curve thus it is important to keep locally in the definition.or example, if the MRS xy = 2, the consumer will give up 2 units of Y to obtain 1 additional unit of X. As one moves down a (standardly convex) indifference curve, the marginal rate of substitution decreases (as measured by the absolute value of the slope of the indifference curve, which decreases).
Undergraduate Tuition. Tuition for Notre Dame of Maryland University is $32,548 for the 2015/2016 academic year. This is 25% more expensive than the national average private non-profit four year college tuition of $25,965. The cost is 69% more expensive than the average Maryland tuition of $19,285 for 4 year colleges.
History [edit]. Notre Dame de Namur University was founded by the Sisters of Notre Dame de Namur as College of Notre Dame in 1851 on 10 acres in San Jose, California.The college was chartered in 1868 as the first college in the state of California authorized to grant the baccalaureate degree to women.n 1953 the College of Notre Dame became a four year college with 23 Sisters of Notre Dame de Namur involved in the school. The college introduced evening classes in 1955, and in 1965, started the teaching credential programs.