Marginal rate of substitution is _____ a. Increasing because consumers indifference curve is bowed outward b. Diminishing

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Question:

Marginal rate of substitution is _____

a. Increasing because consumer’s indifference curve is bowed outward

b. Diminishing because consumers prefers variety and prefer a balanced consumption

c. Increasing because consumers can easily find complementary goods

d. Decreasing because consumer’s utility curve is linear