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Which of the following statements regarding indifference curves is true? Q If an individual has a lower valuation of leisure, then the slope of his

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Which of the following statements regarding indifference curves is true? Q If an individual has a lower valuation of leisure, then the slope of his indifference curve is steeper. Q If an individual has a lower valuation of leisure, then the marginal rate of substitution of consumption over leisure is higher. if an individual has a higher valuation of consumption, then the slope of his indifference curve is flatter. Q If an individual has a higher valuation of consumption, then the marginal rate of substitution of consumption over leisure is higher. 0 None of these above

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