Multiple Choice
Table 21-2
A consumer likes two goods: pizza and beer. The five bundles shown in the following table lie on the same indifference curve for the consumer.
-Refer to Table 21-2. Which of the following statements regarding these bundles is correct?
A) The goods are perfect substitutes for this consumer.
B) The goods are perfect complements for this consumer.
C) These bundles illustrate the property that indifference curves are bowed inward, but not to a 90-degree angle.
D) These bundles violate the property that indifference curves do not cross.
Correct Answer:
Verified
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