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Indifference Curves for Perfect Substitutes and Perfect Complements
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Indifference Curves for Perfect Substitutes and Perfect Complements
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18. Consumer Choice and Behavioral Economics / Indifference Curves for Perfect Substitutes and Perfect Complements / Problem 4
Problem 4
How do indifference curves for perfect substitutes differ from those for perfect complements?
A
Indifference curves for perfect substitutes are curved, while those for perfect complements are straight lines.
B
Indifference curves for perfect substitutes are vertical, while those for perfect complements are horizontal.
C
Indifference curves for perfect substitutes are right-angled, while those for perfect complements are curved.
D
Indifference curves for perfect substitutes are straight lines, while those for perfect complements are right-angled.
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