As a consumer gives up some of good A, which is on the horizontal axis, to get more of good B, which is on the vertical axis, his or her marginal rate of substitution of good A for good B:
A) becomes infinite.
B) goes from negative to positive.
C) increases.
D) decreases.

Question

Quizplus · Accepted Answer

As the consumer gives up some of good A to get more of good B, the marginal rate of substitution of good A for good B increases. This is because the consumer is willing to give up more and more of good A to get an additional unit of good B.

As a Consumer Gives Up Some of Good A, Which