The property of diminishing marginal rate of substitution follows from the property that the indifference curve is

A) downward sloping.
B) upward sloping.
C) bowed in toward the origin.
D) bowed out from the origin.

C

Economics

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To maximize profit, a firm in monopolistic competition will produce the quantity where marginal revenue

A) is greater than marginal cost. B) equals zero. C) is less than marginal cost. D) equals marginal cost. E) equals average total cost.

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As of 2012, the bank portion of TARP:

A) earned a profit of $21 billion B) earned a profit of $245 billion C) cost $266 billion D) cost $700 billion

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