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    Macroeconomics Study Set 4
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    Exam 4: Consumer and Firm Behaviour: The Work–Leisure Decision and Profit Maximization
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    Moving Down the Indifference Curve, the Marginal Rate of Substitution
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Moving Down the Indifference Curve, the Marginal Rate of Substitution

Question 68

Question 68

Multiple Choice

Moving down the indifference curve, the marginal rate of substitution


A) is constant.
B) is rising.
C) diminishes.
D) is highly volatile.
E) depends on household income.

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