Re: Micro small doubt! Pls Help!
Posted by The Villain on
URL: http://discussion-forum.276.s1.nabble.com/Micro-small-doubt-Pls-Help-tp7587581p7587615.html
If MRTS increases ,then isoquants are concave.
Hence slope increases.
You can do the other way round too...MRTS decreases along an isoquant,so if we go upwards isoqant becomes steeper..
Therefore ans is slope increases.