Felix always consumes exactly four cookies with a glass of milk.Felix's indifference curves for cookies and milk would be
A) Linear
B) L-shaped
C) Convex
D) Positively sloped

Question

Quizplus · Accepted Answer

Felix's indifference curves would be L-shaped because his consumption pattern shows perfect complements. He always consumes cookies and milk in a fixed proportion (four cookies per glass of milk), indicating that he values them together in a specific ratio, rather than substituting one for the other.

Felix Always Consumes Exactly Four Cookies with a Glass of Milk.Felix's