As an individual moves northwest along an indifference curve substituting more and more Y for X,his or her MRS of X for Y
A)increases.
B)decreases.
C)stays the same.
D)changes in a way that cannot be determined.

Question

Quizplus · Accepted Answer

The Marginal Rate of Substitution (MRS) of X for Y increases as an individual moves northwest along an indifference curve because they are giving up more of Y to get one more unit of X, indicating a higher willingness to substitute X for Y.

As an Individual Moves Northwest Along an Indifference Curve Substituting