| If Marginal Rate of Substitution is constant throughout, the Indifference curve will be: (choose the correct alternative. |
| (a) Parallel to the x-axis. |
| (b) Downward sloping concave. |
| (c) Downward sloping convex. |
| (d) Downward sloping straight line. |
Answer:
If Marginal Rate of Substitution is constant throughout, the indifference curve will be downward sloping straight line. Hence, the correct answer is option (d).
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