Multiple Choice
An indifference curve diagram has movies on the vertical axis and sodas on the horizontal. As the consumption of sodas increases and movies decreases (moving southeast along an indifference curve) the marginal rate of substitution of sodas for movies
A) rises.
B) falls.
C) does not change.
D) probably changes, but more information is needed to determine if it rises or falls.
Correct Answer:

Verified
Correct Answer:
Verified
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