As moving from left to right through an indifference curve, the MRS of X for Y

Related MCQs

• An Indifference Curve to the right of another represents combinations which are:
• The convexity of an indifference curve shows:
• A movement from one point to another along an indifference curve makes the satisfaction:
• In the case of an indifference curve
• The slope of an indifference curve represents:
• At the point of tangency of an indifference curve with a budget line:
• The ordering of combinations on an indifference curve is:
• In the case of perfect complementaries, the MRS between goods is:
• Indifference Approach is related with:
• The curve showing the possibilities of production of desired good is known as: