Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![29. Which one is not a assumption of
the theory of demand based on
analysis of indifference curves?
A. O Given scale of preferences as
between different combinations of
two goods
B. O Diminishing marginal rate of
substitution
С.
Constant marginal utility of money
D. O Consumers would always prefer
more of a particular good to less of
it, other things remaining the same](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4cc4f042-0d1d-40c4-9762-0a5769e5dacf%2F9ce820c5-1152-4390-babe-243d36628f66%2Fc1qle5l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:29. Which one is not a assumption of
the theory of demand based on
analysis of indifference curves?
A. O Given scale of preferences as
between different combinations of
two goods
B. O Diminishing marginal rate of
substitution
С.
Constant marginal utility of money
D. O Consumers would always prefer
more of a particular good to less of
it, other things remaining the same
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