Question

    In case of indifference curve of two goods X and Y, as consumption of X increases:

    A MRS_xy increases Correct Answer Incorrect Answer
    B MRS_xy decreases Correct Answer Incorrect Answer
    C MRS_xy remains the same Correct Answer Incorrect Answer
    D First MRS_xy increases but later on MRS_xy decreases Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next