For goods and services that are perfect substitutes, the consumer's indifference curves are ________ lines

The L in OLI theory stands for loyalty, and this factor makes it more difficult for firms to substitute foreign operations for domestic as they fear a loss of sales due to negative publicity

Indicate whether the statement is true or false

As you move down the production possibility frontier, the absolute value of the marginal rate of transformation

A. increases. B. initially decreases, then increases. C. decreases. D. initially increases, then decreases.