The Slope of an Indifference Curve

question 228

Multiple Choice

The slope of an indifference curve

• A)is calculated by dividing the price of good on the vertical axis by price of the good on the horizontal axis.
• B)measures total utility.
• C)measures the marginal rate of substitution between the two goods in question.
• D)is calculated by dividing the quantity of the good on the vertical axis by the quantity of the good on the horizontal axis.

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