Multiple Choice
A plausible example of a perfect substitute is:
A) left and right shoes
B) coke and pepsi cola
C) cars and bicycles
D) apples and chicken
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Graph 22-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 22-4
Q73: Unless commodities are perfect complements or perfect
Q76: For Giffen goods, the income effect dominates
Q110: Graph 22-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8324/.jpg" alt="Graph 22-7
Q111: Graph 22-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8324/.jpg" alt="Graph 22-8
Q114: Graph 22-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8324/.jpg" alt="Graph 22-5
Q114: The income effect is the change in
Q116: Graph 22-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8324/.jpg" alt="Graph 22-5
Q117: The indifference curves of perfect substitutes are:<br>A)straight
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