Question

in different curves are convex to the origin because of
increasing of MRS
dimnishing of MRS
law of dimansing marginal utility
law of equal marginal utility​

Answer 1

Answer:

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Explanation:

In economics, 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 new good is equally satisfying. It's used in indifference theory to analyze consumer behavior. The marginal rate of substitution is calculated between two goods placed on an indifference curve, displaying a frontier of utility for each combination of "good X" and "good Y."