Statement I: The slope of an indifference curve is the Marginal Rate of Substitution in the consumption (MRSc), which is increasing.Statement II: The slope of the budget line is ratio of the prices of two goods and is the Marginal Rate of Substitution in exchange (MRSe)

• A. Statement I and II are correct.
• B. Statement I is correct, but II is incorrect.
• C. Statements I and II are incorrect.
• D. Statement I is not correct, but II is correct.