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A Consumer Considers Coke and Pepsi to Be Perfect Substitutes

Question 61

Multiple Choice

A consumer considers Coke and Pepsi to be perfect substitutes for each other. What would the consumer's indifference curves for these two goods look like?


A) L-shaped
B) horizontal along the entire length
C) vertical along the entire length
D) upward sloping
E) downward sloping with a constant slope

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