As one moves down along an indifference curve, the slope of the indifference curve typically:
A) increases.
B) decreases.
C) remains constant.
D) changes in an indeterminate direction.

Question

Quizplus · Accepted Answer

The slope of the indifference curve represents the rate at which the consumer is willing to substitute one good for another while maintaining the same level of utility. As one moves down along an indifference curve, the consumer is willing to give up less and less of one good for each additional unit of the other good, which results in a decreasing slope. Therefore, the correct choice is B.

As One Moves Down Along an Indifference Curve, the Slope