Say a consumer always consumed peanut butter and jelly in fixed proportions (for a perfect peanut and jelly sandwich). Then the indifference curves for peanut butter and jelly for this consumer would be:
A)L-shaped
B)A straight line with positive slope
C)A straight line with negative slope
D)Convex

Question

Quizplus · Accepted Answer

The consumer consumes peanut butter and jelly in fixed proportions, indicating perfect complements, which results in L-shaped indifference curves.

Say a Consumer Always Consumed Peanut Butter and Jelly in Fixed