If the two commodities are perfect substitutes, the relevant indiffere – InterviewSolution

1.

If the two commodities are perfect substitutes, the relevant indifference curve will be :(A) Negatively sloped and convex to the origin(B) Negatively sloped and concave to the origin(C) Negatively sloped straight line(D) Positively sloped.

Answer»

ANS: (C) Negatively sloped straight line

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