Question

Slope of an Indifference Curve is measured by ______.

विकल्प

• Marginal Rate of Substitution

• Marginal Rate of Transformation

• Marginal Opportunity Cost

• None of these

Answer 1

Slope of an Indifference Curve is measured by Marginal Rate of Substitution.

Explanation:

MRS measures the rate at which a consumer substitutes one good for another at equal satisfaction. This rate represents the slope of the indifference curve.