The more closely substitutable are two goods, the
A) more normal looking is the indifference curve for the two items.
B) more closely the indifference curve for these two items approximates a straight line.
C) more tightly curved is the indifference curve for these items.
D) None of the above answers is correct.

Question

Quizplus · Accepted Answer

As goods become more closely substitutable, their indifference curve will be more linear, as consumers are willing to easily trade one good for the other.

The More Closely Substitutable Are Two Goods, the