Multiple Choice
For an individual who consumes only two goods,X and Y,the opportunity cost of consuming one unit of X in terms of how much Y must be given up is reflected in
A) the individual's marginal rate of substitution.
B) the slope of the individual's budget constraint.
C) the slope of the individual's indifference curve.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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