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The Slope of an Indifference Curve Is Equal to the Ratio

Question 114

Multiple Choice

The slope of an indifference curve is equal to the ratio of the ____ of the good on the horizontal axis to the ____ of the good on the vertical axis.


A) marginal utility (MU) ; marginal utility (MU)
B) total utility (TU) ; total utility (TU)
C) marginal product (MP) ; marginal product (MP)
D) price (P) ; total utility (TU)

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