The slope at any point on an indifference curve is known an–

  1. marginal rate of substitutio
  2. the marginal rate of trade-off
  3. the trade-off rate
  4. the marginal rate off indifference
Anurag Mishra Professor Asked on 6th July 2016 in Commerce.
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    Answer: (1) merginal rate of substitution 

    Anurag Mishra Professor Answered on 9th July 2016.
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