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    Question

    What causes the shape of the indifference curves to be

    convex to the origin for two goods X and Y?
    A Decreasing consumer utility along the curve Correct Answer Incorrect Answer
    B Increasing consumer utility along the curve Correct Answer Incorrect Answer
    C Increasing marginal rate of substitution Correct Answer Incorrect Answer
    D Diminishing marginal rate of substitution Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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