What does the slope of an indifference curve indicate? - ProProfs Discuss
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What does the slope of an indifference curve indicate?



A. Marginal Rate of Substitution of x for y
B. Prices of x and y
C. Slope of the budget line
D. Change in prices

This question is part of Microeconomics Practice Test
Asked by Coulter, Last updated: Jan 25, 2020

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3 Answers

H. Martin

H. Martin, Content Writer, Charlotte

Answered Sep 20, 2018

The slope of the indifference curve is known to be A. The marginal rate of substitution is usually done when the value of y is given up in order to improve the value of x. This type of graph may...Read More
 

John Adney

John Adney

Answered Dec 04, 2017

Don't know how to answer I'm try n.

 

John Smith

John Smith

Answered Nov 27, 2016

Marginal Rate of Substitution of x for y

Slope of Indifference Curve shows MRSxy
 

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