According to the Law of Diminishing Marginal Rate of Substitution

Multiple Choice

According to the law of diminishing marginal rate of substitution,

A) as consumption of good A increases, other things constant, its marginal utility declines
B) as consumption of good A increases, other things constant, one is willing to give up increasing amounts of good B to get another unit of good A
C) as consumption of good A increases, other things constant, the amount of good B one is willing to give up to get another unit of good A falls
D) the indifference curve's slope increases as more of the good on the horizontal axis is consumed
E) indifference curves intersect when marginal utilities fall