bestiesmkcp7359 bestiesmkcp7359

10-06-2024
Business

Answered

At any point on an indifference curve, the slope indicates:
a. the marginal rate of substitution between the two goods.
b. the allocation of the consumer's income between the two goods.
c. how the total satisfaction of the consumer changes with different market baskets.
d. the relative price ratio of the two goods.

Answer :

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