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The Table Shows an Indifference Schedule for Several Combinations of X

Question 306

Multiple Choice

The table shows an indifference schedule for several combinations of X and Y. The table shows an indifference schedule for several combinations of X and Y. In moving from combination a to b, then to c, d, and e, the marginal rate of substitution of X for Y A) increases. B) decreases. C) stays the same. D) decreases and then increases. In moving from combination a to b, then to c, d, and e, the marginal rate of substitution of X for Y


A) increases.
B) decreases.
C) stays the same.
D) decreases and then increases.

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