Question

explain the behavior of margianal rate of substitution along with indiffiffrence curve

​

Answer 1

Answer:

The marginal rate of substitution (MRS) is the amount of a good that a consumer is willing to consume in relation to another good, as long as the comparable good is equally satisfying. Marginal rates of substitution are graphed along an indifference curve which is usually downward sloping and convex.

Explanation:

I hope it helpful for you