Economics · Consumer Behaviour
Along a standard downward-sloping indifference curve, what is the relation between the consumption of Commodity X and Commodity Y?
- 1Consumption of X increases while consumption of Y decreases✓
- 2Consumption of Y increases while consumption of X decreases
- 3Consumption of X increases while consumption of Y remains constant
- 4Consumption of both X and Y increases simultaneously
Correct answer
Consumption of X increases while consumption of Y decreases
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