Assume that a consumer’s indifference curve is a downward-sloping straight line. As the consumer moves from left to right along the horizontal axis, the consumer’s marginal rate of substitution.

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05-10-2022
Business

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Assume that a consumer’s indifference curve is a downward-sloping straight line. As the consumer moves from left to right along the horizontal axis, the consumer’s marginal rate of substitution.

Sagot :

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