Multiple Choice
The marginal rate of substitution is:
A) the slope of a budget constraint
B) always constant
C) the slope of an indifference curve
D) the point at which the budget constraint and the indifference curve is tangent
Correct Answer:
Verified
Related Questions
Q71: Graph 22-4 Q72: The amount of a good that an Q73: A consumer's set of indifference curves provides Q74: The indifference curves of perfect compliments are:
A)straight
