(adsbygoogle = window.adsbygoogle || []).push({}); 1. The problem statement, all variables and given/known data

What assumptions do we make to rule out vertical or horizontal indifference curves when slope is zero?

2. Relevant equations

There are several assumptions:

completeness

reflexivity

transitivity

being continuous

strong monotonicity

diminishing marginal rates of substitution

3. The attempt at a solution

I believe that this is the assumption of diminishing marginal rate of substitution.

Am I right?

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# Homework Help: Indifference curve - vertical

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