Multiple Choice
Which one of the following statements is true about the indifference curves for two goods that are perfect substitutes?
A) The indifference curves are negatively-sloped straight lines.
B) The indifference curves are L-shaped.
C) The marginal rate of substitution is zero.
D) The indifference curves are positively-sloped straight lines.
E) The marginal rate of substitution is infinity.
Correct Answer:

Verified
Correct Answer:
Verified
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