Diminishing marginal rate of substitution can be seen when indifference curves
A) cross.
B) are convex.
C) are downward sloping.
D) become flatter as we move down and to the right.
Answer: become flatter as we move down and to the right.
Diminishing marginal rate of substitution can be seen when indifference curves
A) cross.
B) are convex.
C) are downward sloping.
D) become flatter as we move down and to the right.
Answer: become flatter as we move down and to the right.