If Bill thinks tacos and turkey sandwiches are perfect substitutes, then his indifference curves for these two goods

A) are L-shaped.
B) are negatively sloped and linear.
C) are positively sloped and linear.
D) have slopes equal to 1.

B

Economics

You might also like to view...

In the United States, which workers displaced by trade are able to adjust the easiest?

a. those in the service industries b. those in the manufacturing industries c. Evidence indicates that there is no difference across industries. d. There is no available evidence on this topic.

Economics

The demand curve is the same as another curve. Which curve is the same as the demand curve? Why are the curves the same?

What will be an ideal response?

Economics