Multiple Choice
Figure 21-9
Graph (a)
Graph (b)
Graph (c)
-Refer to Figure 21-9. Which of the graphs illustrates indifference curves for which the marginal rate of substitution varies?
A) Graph (c) only
B) Graph (a) only
C) Graph (b) only
D) All of the graphs show a varying marginal rate of substitution.
Correct Answer:
Verified
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