If Marginal Rate of Substitution (MRS) is
constant throughout, the indifference curve
will be:
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Answer:
Indifference curve will be a downward-sloping straight line.
Explanation:
MRS is the slope of the indifference curve at that point. Note that most indifference curves are actually curves, so the slopes are changing as you move along them. Most indifference curves are also usually convex because as you consume more of one good you will consume less of the other. Indifference curves can be straight lines if a slope is constant, resulting in an indifference curve represented by a downward-sloping straight line.
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