The Property of Diminishing Marginal Rate of Substitution Follows from the Property

question 29

Multiple Choice

The property of diminishing marginal rate of substitution follows from the property that the indifference curves are

• A) downward sloping.
• B) upward sloping.
• C) bowed in toward the origin.
• D) bowed out from the origin.
• E) negatively sloped.

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