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The Slope of an Indifference Curve Is Equal to the

Question 1

Multiple Choice

The slope of an indifference curve is equal to the


A) marginal rate of substitution
B) price elasticity of demand
C) marginal utility of the good measured on the horizontal axis
D) marginal utility of the good measured on the vertical axis
E) relative price of the good measured on the horizontal axis

Correct Answer:

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