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(Figure: Good Y and Good X III) the Indifference Curve

Question 6

Multiple Choice

(Figure: Good Y and Good X III) The indifference curve _____ indicates that the two goods, X and Y, are relatively poor substitutes for one another, whereas the indifference curve _____ indicates that the two goods are close substitutes for one another. (Figure: Good Y and Good X III)  The indifference curve _____ indicates that the two goods, X and Y, are relatively poor substitutes for one another, whereas the indifference curve _____ indicates that the two goods are close substitutes for one another.   A)  U<sub>1</sub>; U<sub>3</sub> B)  U<sub>3</sub>; U<sub>2</sub> C)  U<sub>2</sub>; U<sub>1</sub> D)  U<sub>3</sub>; U<sub>1</sub>


A) U1; U3
B) U3; U2
C) U2; U1
D) U3; U1

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