UPMSP Intermediate Economics - Code 136 Practice Questions - Uttar Pradesh UPMSP Intermediate (Class 12) Economics - Code 136 Exam

Indifference curves are strictly convex to the origin due to which underlying economic principle?

Increasing Marginal Rate of Substitution Constant Marginal Rate of Substitution Zero Marginal Rate of Substitution Diminishing Marginal Rate of Substitution

Correct Answer:

Diminishing Marginal Rate of Substitution

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