Question:
The slope of Indifference curve is:
The slope of Indifference curve is:
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The negative slope of the indifference curve illustrates the concept of diminishing marginal rate of substitution (MRS).
Updated On: Nov 5, 2025
- Positive
- Negative
- Parallel
- Vertical
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The Correct Option is B
Solution and Explanation
The slope of the indifference curve is negative, reflecting the trade-off between two goods that a consumer is willing to make. As the quantity of one good increases, the quantity of the other good must decrease in order to maintain the same level of utility.
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