Changing the Marginal Rate of Substitution
In this exercise you can change the marginal rate of substitution (MRS) and see how this affects the indifference curves (IC). The static IC in black has an MRS=-1. By moving the slider, you can change the MRS of the bue IC anywhere from -0.1 to -5 and see how this affects the shape of the IC. Both ICs give preferences that are indifferent to bundle (10,10).