Multiple Choice
The marginal rate of substitution between two goods is given by:
A) the inverse of the slope of an indifference curve.
B) the slope of a line tangent to an indifference curve.
C) negative one times the inverse of the slope of an indifference curve.
D) negative one times the slope of a line tangent to an indifference curve.
Correct Answer:
Verified
Correct Answer:
Verified
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