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    Microeconomics Study Set 16
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    Exam 3: Consumer Preferences and the Concept of Utility
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    If Two Goods Are Perfect Complements, Then
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If Two Goods Are Perfect Complements, Then

Question 14

Question 14

Multiple Choice

If two goods are perfect complements, then


A) the marginal rate of substitution is constant.
B) the indifference curves are straight lines.
C) the indifference curves are "L-shaped."
D) both a) and b) are true.

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