Multiple Choice
The slope of an indifference curve is equal to the
A) degree of responsiveness of demand to a change in price.
B) price elasticity of demand for a good.
C) rate of substitution between two goods.
D) marginal utility of a good measured on the horizontal axis.
E) marginal utility of a good measured on the vertical axis.
Correct Answer:
Verified
Correct Answer:
Verified
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