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    Exam 21: The Theory of Consumer Choice
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    When Two Goods Are Perfect Substitutes, the
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When Two Goods Are Perfect Substitutes, the

Question 57

Question 57

Multiple Choice

When two goods are perfect substitutes, the


A) indifference curve is a downward-sloping straight line.
B) marginal rate of substitution is constant.
C) indifference curve is a vertical straight line.
D) Both a and b are correct.

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