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    Intermediate Microeconomics
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    Exam 2: Utility and Choice
  5. Question
    As an Individual Moves Northwest Along an Indifference Curve Substituting
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As an Individual Moves Northwest Along an Indifference Curve Substituting

Question 3

Question 3

Multiple Choice

As an individual moves northwest along an indifference curve substituting more and more Y for X,his or her MRS of X for Y


A) increases.
B) decreases.
C) stays the same.
D) changes in a way that cannot be determined.

Correct Answer:

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