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    Exam 4: Consumer and Firm Behavior: the Workleisure Decision and Profit Maximization
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    The Property of Diminishing Marginal Rate of Substitution Follows from the Property
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The Property of Diminishing Marginal Rate of Substitution Follows from the Property

Question 13

Question 13

Multiple Choice

The property of diminishing marginal rate of substitution follows from the property that the indifference curve is


A) upward sloping.
B) downward sloping.
C) bowed in toward the origin.
D) concave from the origin.
E) bowed out from the origin.

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