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

question 59

Multiple Choice

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

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

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