The slop at any point on an indifference curve is known an-
A. marginal rate of substitution
B. the marginal rate of tradeoff
C. the trade-off rate
D. the marginal rate off indifference
Answer:A
The slop at any point on an indifference curve is known an-
A. marginal rate of substitution B. the marginal rate of tradeoff C. the trade-off rate D. the marginal rate off indifference