The slope of an indifference curve measures the consumer's marginal rate of substitution.

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The slope of an indifference curve shows the rate at which a consumer is willing to trade one good for another while remaining indifferent to the total utility received. This rate is commonly referred to as the marginal rate of substitution. This statement is true. The slope of an indifference curve represents the rate at which a consumer is willing to trade off one good for another while remaining equally satisfied (indifferent) between different combinations of goods. This rate of trade-off is referred to as the marginal rate of substitution (MRS) and is measured by the absolute value of the slope of the indifference curve.

The Slope of an Indifference Curve Measures the Consumer's Marginal