As moving from left to right through an indifference curve, the MRS of X for Y
A)Increases
B)Remains the same
C)Decreases
D)Both A and C

Question

Quizplus · Accepted Answer

The Marginal Rate of Substitution (MRS) typically decreases as you move down along an indifference curve due to the diminishing marginal rate of substitution, reflecting a consumer's willingness to give up less of good Y to gain an additional unit of good X.

As Moving from Left to Right Through an Indifference Curve