Economics · Consumer Behaviour and Utility
What does the negative slope of the utility possibilities frontier imply?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Diminishing marginal utility
- 2The only way to increase one person's utility is to decrease another person's utility✓
- 3Diminishing marginal rates of substitution
- 4The only way to increase the output of one good is to decrease the output of another good
Correct answer
The only way to increase one person's utility is to decrease another person's utility
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