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The Following Diagram Shows One Indifference Curve Representing the Preferences

Question 364

Multiple Choice

The following diagram shows one indifference curve representing the preferences for goods X and Y for one consumer. The following diagram shows one indifference curve representing the preferences for goods X and Y for one consumer. What is the marginal rate of substitution between points A and B? A) 1/2 B) 4/3 C) 2 D) 3
What is the marginal rate of substitution between points A and B?


A) 1/2
B) 4/3
C) 2
D) 3

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