Multiple Choice
Suppose that a consumer has the utility function . If is measured on the horizontal axis, which of the following is correct?
A) The indifference curves will be L-shaped.
B) The indifference curves will be horizontal.
C) The indifference curves will be straight lines with slope .
D) The indifference curves will be straight lines with slope .
Correct Answer:

Verified
Correct Answer:
Verified
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