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Author Question: The property of diminishing marginal rate of substitution implies that (Read 65 times)

Jramos095

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on: Jan 2, 2020
The property of diminishing marginal rate of substitution implies that
◦ the more current consumption the consumer has, the less future consumption she is willing to give up for one more unit of current consumption.
◦ the indifference curves are bowed away from the origin.
◦ the more current consumption the consumer has, the more future consumption she is willing to give up for one more unit of current consumption.
◦ the less current consumption the consumer has, the less future consumption she is willing to give up for one more unit of current consumption.
◦ the indifference curves have a constant slope.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by Jramos095 on Jan 2, 2020

Chelseyj.hasty

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jramos095

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Reply 2 on: Jan 2, 2020
Great answer, keep it coming :)

bblaney

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Reply 3 on: Yesterday
Excellent

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