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

question 7

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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