MCQOPTIONS
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| 1. |
The slope of an indifference curve expresses— |
| A. | The marginal rate of substitution of two goods |
| B. | A ratio of marginal utility of one good to another |
| C. | ) Both (A) and (B) |
| D. | A ratio of total utility of one good to another |
| Answer» B. A ratio of marginal utility of one good to another | |