Managerial Economics

1:

Goods X and Y are perfect substitutes. A consumer's indifference curve for these commodities is represented by a

A.

Upward sloping straight line

B.

Upward sloping curve which is convex from below

C.

Downward sloping straight line

D.

Downward sloping curve which is convex to origin

 

Answer : C

Explanation :

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Option: A

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