Perfect complements are associated with _____ indifference curves.
A)U-shaped
B)straight-line
C)convex
D)L-shaped

Name: Perfect complements are associated with _____ indifference curves. A)U-shaped B)straight-line C)convex D)L-shaped
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Perfect complements are associated with L-shaped indifference curves because the consumer is equally satisfied at the corner where the two goods are consumed in fixed proportions, reflecting the perfect complementarity between the goods.

Perfect Complements Are Associated with _____ Indifference Curves