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The Slope of an Indifference Curve at All Points Reflects

Question 196

Multiple Choice

The slope of an indifference curve at all points reflects


A) the terms by which the consumer can trade off goods in the market.
B) the relative prices of the two goods.
C) the willingness of the consumer to trade one good for another.
D) consumer income relative to the price of a good.
E) the relative price ratio of the two goods.

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