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17 May, 22:00

The slope of the indifference curve is the ratio of the A. marginal utility of ice cream cones to the marginal utility of ice cream sandwiches. B. marginal utility of ice cream sandwiches to the marginal utility of ice cream cones. C. total utility of ice cream cones to the total utility of ice cream sandwiches. D. total utility of ice cream sandwiches to the total utility of ice cream cones.

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  1. 17 May, 22:36
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    Answer: A. marginal utility of ice cream cones to the marginal utility of ice cream sandwiches.

    Explanation: The indifferent curve is graph that shows combination of two product that give consumers utility and satisfaction. The graph is showing two product that consumer consumes.

    The slope of an indifferent curve is called marginal rate of substitution MRS, it declines when the quantity of X increases relative to the quantity of Y. it has a negative slope it slopes downwards
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Home » Business » The slope of the indifference curve is the ratio of the A. marginal utility of ice cream cones to the marginal utility of ice cream sandwiches. B. marginal utility of ice cream sandwiches to the marginal utility of ice cream cones. C.
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