Multiple Choice
Moving along an indifference curve the
A) marginal rate of substitution is constant.
B) consumer does not prefer one consumption point to another.
C) marginal rate of substitution is equal to 0.
D) consumer prefers some of the consumption points to others.
E) marginal rate of substitution for a good increases as more of the good is consumed.
Correct Answer:

Verified
Correct Answer:
Verified
Q248: The indifference curve/budget line diagram concludes that
Q249: Why do consumers prefer higher indifference curves?
Q250: If Sarah gets 40 units of utility
Q251: Marginal utility is the<br>A) change in total
Q252: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Sam's total utility
Q254: A budget line<br>A) shows the limits to
Q255: If the total utility of 2 bags
Q256: In a month,Samantha consumes the quantity of
Q257: Timmy makes $100 per week as a
Q267: Pants Belts<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Pants Belts