Assertion (A): An indifference curve is concave to the origin.
Reason (R): The MRS falls as the consumer moves down an indifference curve.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

A is false: a falling MRS makes the curve convex, not concave.
R is true.

Concept: Convex, not concave
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsIndifference curves and MRS

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Assertion (A): An indifference curve is concave to the origin.Reason (R): The MRS falls as the consumer moves down an indifference curve.

Explanation

Assertion (A): An indifference curve is concave to the origin.
Reason (R): The MRS falls as the consumer moves down an indifference curve.