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pirex pirex
wrote...
Posts: 634
6 years ago
Measuring "y" on the vertical axis and "x" on the horizontal axis, convexity of indifference curves implies that the MRS of "y" for "x"
A) is decreasing as "x" increases.
B) is increasing as "x" increases.
C) is constant as "x" increases.
D) cannot be calculated for large levels of "x".
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 74 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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Posts: 432
Rep: 0 0
6 years ago
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pirex Author
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6 years ago
this is exactly what I needed
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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