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.
Can I get into Notre Dame ? These admission statistics provide an indication how difficult it is to get in and what your chances are. 3,785 out of 17,901 applicants or 21% were admitted making Notre Dame a very competitive school to get into with a low chance of acceptance for qualifying applicants. Academically, it has moderate requirements for admission test scores. Of those applicants which were admitted, 53% enrolled.