An indifference curve has a negative slope because movement along the curve requires the consumer to give up the:
A) marginal utility of one good.
B) total utility of one good.
C) marginal substitution value (MSV).
D) marginal transitivity of one good.

Question

Quizplus · Accepted Answer

The negative slope of an indifference curve implies that to maintain a constant level of utility, the consumer must give up some quantity of one good to obtain more of the other good. This means the consumer must sacrifice some marginal utility of one good to obtain more of the other good.

An Indifference Curve Has a Negative Slope Because Movement Along