The slope of an indifference curve at any given point measures the:
AMarginal Rate of Technical Substitution (MRTS)
BPrice ratio of the two goods
CMarginal Rate of Substitution (MRS)
DMarginal Propensity to Consume (MPC)
Explanation
The Marginal Rate of Substitution (MRS) represents the rate at which a consumer is willing to give up one good for another while retaining equal satisfaction.
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