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.
1 If you arrive at the South Bend Airport there are a variety of taxis waiting at the South Bend Airport that can drive you to campus for a fee, typically $20-30. 2  If you arrive at the Coach USA Notre Dame Bus stop, you may request a ride from the Notre Dame Security Police for free to your on-campus residence. If you arrive at the South Bend Airport there are a variety of taxis waiting at the South Bend Airport that can drive you to campus for a fee, typically $20-30. 2  If you arrive at the Coach USA Notre Dame Bus stop, you may request a ride from the Notre Dame Security Police for free to your on-campus residence.