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onsumer Choice Figure 21-15 On the graph, Qx represents the quantity of good x a

ID: 2428662 • Letter: O

Question

onsumer Choice Figure 21-15 On the graph, Qx represents the quantity of good x and Qy represents the quantity of good y. The lines drawn on the graph represent three of Barbara's indifference curves. Refer to Figure 21-15. For Barbara, the marginal rate of substitution between goods y and x O a. increases as she moves downward and to the right along one of her indifference curves O b. decreases as she moves downward and to the right along one of her indifference curves. o e remains constiant as she moves dowaward and to the right along one ofher indifference curves. d. is undefined for any movement along any one of her indifference curves. O Icon Ky

Explanation / Answer

"C"

Remains constant as she moves downward and to the right along one of her indifference curve.