Question

why MRS(Marginal Rate of Substitution)
diminished​

Answer 1

Answer:

here is your answer dear........

Explanation:

It is always changing for a given point on the curve, and mathematically represents the slope of the curve at that point. ... The law of diminishing marginal rates of substitution states that MRS decreases as one moves down the standard convex-shaped curve, which is the indifference curve.

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