menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Today Study Set 6
  4. Exam
    Exam 31: Understanding Direct and Inverse Relationships between Variables
  5. Question
    If the Slope of the Indifference Curve for Goods X
Solved

If the Slope of the Indifference Curve for Goods X

Question 61

Question 61

Multiple Choice

If the slope of the indifference curve for goods X and Y is -2, then the marginal rate of substitution is


A) 0.
B) 1/2.
C) 2.
D) infinite.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q56: Which of the following statements is correct?<br>A)

Q57: In the short run, a price increase

Q58: Exhibit 3A-2 Comparison of Market Efficiency and

Q59: In the short run, an increase in

Q60: Suppose Sue's buys a good for $60

Q62: The equation for a budget line for

Q63: The slope of the budget line is

Q64: ​ Exhibit 10A-1 Aggregate demand and supply

Q65: Exhibit 6A-6 Consumer equilibrium<br>​<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg" alt="Exhibit 6A-6

Q66: If Max's marginal rate of substitution for

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines