Assume That a Consumer's Indifference Curve Is a Downward-Sloping Straight

question 554

Multiple Choice

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

• A)increases.
• B)decreases.
• C)remains constant.
• D)increases, then decreases.

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Definitions:

Eroded Away

The process by which earth, rocks, or surface material are worn down and removed by the action of wind, water, or ice.

Butte

An isolated, steep-sided feature that rises above the surrounding landscape.

Angular Fragments

Pieces of rock or mineral that have sharp edges and pointy corners, typically resulting from mechanical weathering processes.

Tilted Rocks

Rocks that have been moved from their original horizontal position to a slanted orientation, typically as a result of tectonic forces.