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    Macroeconomics Study Set 67
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    Exam 4: Consumer and Firm Behavior: the Workleisure Decision and Profit Maximization
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    The Slope of the Indifference Curve Is Defined as
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The Slope of the Indifference Curve Is Defined as

Question 17

Question 17

Multiple Choice

The slope of the indifference curve is defined as


A) the marginal rate of transformation.
B) the relative price of good Y.
C) the marginal propensity to substitute.
D) the marginal rate of substitution.
E) the marginal propensity to consume.

Correct Answer:

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