The indifference curves for left shoes and right shoes would most likely be
A) upward sloping and concave to the origin.
B) downward sloping and convex to the origin.
C) downward sloping and straight lines.
D) L-shaped.

Question

Quizplus · Accepted Answer

Indifference curves for left shoes and right shoes are L-shaped because these items are perfect complements. Consumers typically want them in a one-to-one ratio, meaning they wouldn't substitute one for the other beyond a certain point, hence the L shape indicating a fixed substitution rate.

The Indifference Curves for Left Shoes and Right Shoes Would