The indifference curves for nickels and dimes will be:
A)L-shaped
B)A straight line with positive slope
C)A straight line with negative slope
D)Concave

Question

Quizplus · Accepted Answer

Indifference curves for perfect substitutes (like nickels and dimes) will be straight lines with a negative slope. This is because the consumer is indifferent between any combination of the two goods as long as they have the same total value. Therefore, they will always be willing to trade one for the other at a constant rate.

The Indifference Curves for Nickels and Dimes Will Be