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    Principles of Microeconomics
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    Exam 21: The Theory of Consumer Choice.
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    Assume That a Consumer's Indifference Curve Is Bowed Outward but Satisfies
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Assume That a Consumer's Indifference Curve Is Bowed Outward but Satisfies

Question 136

Question 136

Multiple Choice

Assume that a consumer's indifference curve is bowed outward but satisfies the other three properties of indifference curves.As the consumer moves from left to right along the horizontal axis,the consumer's marginal rate of substitution


A) increases.
B) decreases.
C) remains constant.
D) increases, then decreases.

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