What Is Given by the Absolute Value of the Slope

question 41

Multiple Choice

What is given by the absolute value of the slope of the community indifference curve at the point of consumption and declines as the nation moves down the curve?

• A)marginal rate of substitution (MRS)
• B)marginal rate of transformation (MRT)
• C)marginal rate of return
• D)marginal rate of technical substitution (MRTS)

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