The slope of the indifference curve is equal to which of the following ........

Economics (CUET) Consumer Behaviour and Demand

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The slope of the indifference curve is equal to which of the following?

One

Marginal utility

Marginal rate of substitution

None of these

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Explanation:

In economics, the marginal rate of substitution is the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility. At equilibrium consumption levels, marginal rates of substitution are identical.