-In the figure above, the MRS at point A is ________ the MRS at point B.
A) equal to
B) less than
C) greater than
D) not able to be compared to

Name: -In the figure above, the MRS at point A is ________ the MRS at point B. A) equal to B) less than C) greater than D) not able to be compared to
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

-In the figure above, the MRS at point A is ________ the MRS at point B.
A) equal to 
B) less than 
C) greater than 
D) not able to be compared to

Quizplus · Accepted Answer

The Marginal Rate of Substitution (MRS) is greater at point A than at point B if the slope of the indifference curve at point A is steeper than at point B.

-In the Figure Above, the MRS at Point a Is