If a consumer's preferences are quasi-linear, then the consumer's indifference curves will be:
A)straight lines.
B)"L-shaped."
C)concave to the origin.
D)parallel.

Question

Quizplus · Accepted Answer

Quasi-linear preferences imply that the consumer's utility function has a linear component in one good, leading to indifference curves that are parallel to each other. This reflects a constant marginal rate of substitution between the goods in one dimension.

If a Consumer's Preferences Are Quasi-Linear, Then the Consumer's Indifference