Indifference curve diminishing marginal rate of substitution
If the marginal rate of substitution of X for Y or Y for X is diminishing, the indifference’ curve must be convex to the origin. If it is constant, the indifference curve will be a straight line sloping downwards to the right at a 45° angle to either axis. Memahami Teori Utilitas, Marginal Utility, Indifference Curve, dan Marginal Rate of Substitution Untuk materi kali ini kita akan belajar tentang teori utilitas ( utility theory ), pengertian marginal utility , pendekatan marginal utility dan indifference curve dalam memahami perilaku konsumen, serta pengertian marginal rate of substitution .