Suppose Frank is completely indifferent between drinking Coke and drinking Pepsi.Then Frank's indifference curves for Coke and Pepsi would be:
A) linear.
B) L-shaped.
C) convex.
D) positively-sloped.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of goods between which a consumer is indifferent. If Frank is completely indifferent between drinking Coke and Pepsi, his indifference curves would be linear, indicating a constant rate of substitution between the two goods.

Suppose Frank Is Completely Indifferent Between Drinking Coke and Drinking