As Sam moves rightward along his indifference curve, his marginal rate of substitution
A) is diminishing.
B) is increasing.
C) remains constant.
D) shows the change in his income.
A
Economics
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(Last Word) A cap-and-trade program:
A. assigns a property right to the atmosphere. B. mandates that every firm individually cut its emissions to below a certain level. C. assigns a property right to polluting the atmosphere. D. is easy to establish and enforce.
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