Moving Down Along an Indifference Curve

question 217

Multiple Choice

Moving down along an indifference curve,

• A) the price of the good measured on the vertical axis decreases.
• B) total utility decreases.
• C) the marginal rate of substitution for the good on the horizontal axis decreases.
• D) the slope of the budget line decreases.
• E) the consumer increasingly prefers the new consumption points to the old consumption points.

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