Which curve represents a FIRM's Marginal Rate of Substitution? Group of answer choices Isoprofit Curve Demand...

Question

Question

Which curve represents a FIRM's Marginal Rate of Substitution?

Group of answer choices

Isoprofit Curve

Demand Curve

Indifference Curve

Production Function

Answer 1

Answer #1

ANSWER OF THE ABOVE ASKED QUESTION IS OPTION '' C '' THAT IS INDIFFERENCE CURVE

The marginal rate of substitution is an term of economics which refers to a point at which a good is a substitutable for the another goods . When it makes a curve which is downward slopping then it is known as indifference curve .

Answer 2

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