Indifference curves between left shoes and right shoes are:
A)smooth and convex.
B)upward sloping.
C)downward sloping straight lines.
D)L- shaped.

Question

Quizplus · Accepted Answer

Indifference curves between left shoes and right shoes are L-shaped because a person typically values a pair of shoes together. Having more of one without the other does not increase utility, hence the L-shape indicating a sharp substitution point between left and right shoes.

Indifference Curves Between Left Shoes and Right Shoes Are