The shape of a standard indifference curve suggests a that.pdf

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The shape of a standard indifference curve suggests: a) that a decrease in leisure must be compensated by an increase in income for utility to remain constant. b) that persons with greater income tend to consume more leisure. c) a constant marginal rate of substitution of leisure for income. d) the wage rate is tangent to the indifference curve. e) an increasing marginal rate of substitution of leisure for income..

The shape of a standard indifference curve suggests:
a) that a decrease in leisure must be compensated by an increase in income for utility to remain
constant.
b) that persons with greater income tend to consume more leisure.
c) a constant marginal rate of substitution of leisure for income.
d) the wage rate is tangent to the indifference curve.
e) an increasing marginal rate of substitution of leisure for income.

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