The slope of a(n) ________ curve shows the rate at which two goods can be exchan
ID: 1165508 • Letter: T
Question
The slope of a(n) ________ curve shows the rate at which two goods can be exchanged ________ the consumer's ________.
indifference; without affecting; budget
iso-utility; without affecting; budget
marginal utility; by increasing; marginal utility
indifference; without affecting; total utility
Please tell me which one is the correct one. thanks.
A.indifference; without affecting; budget
B.iso-utility; without affecting; budget
C.marginal utility; by increasing; marginal utility
D.indifference; without affecting; total utility
Please tell me which one is the correct one. thanks.
Explanation / Answer
Ans) D is the correct option. indifference; without affecting; total utility. An indifference curve is a line showing all of the consumption bundles that yield the same total utility for an individual.
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