Economics · Microeconomics
Along a standard downward-sloping indifference curve, what is the relationship between the consumption of commodity X and commodity Y?
- 1Consumption of Y decreases while consumption of X remains constant
- 2Consumption of X increases while consumption of Y remains constant
- 3Consumption of Y increases while consumption of X increases
- 4Consumption of X increases while consumption of Y decreases✓
Correct answer
Consumption of X increases while consumption of Y decreases
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