Multiple Choice
If two goods are perfect complements,
A) there is a bliss point and the indifference curves surround this point.
B) consumers will only buy the cheaper of the two goods.
C) indifference curves have a positive slope.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Colette consumes goods x and y.Her indifference
Q40: If Melody has more classical records than
Q41: Ambrose has an indifference curve with equation
Q42: Professor Stern's colleague, Dr.Schmertz, gives one midterm
Q43: Coach Steroid likes his players to be
Q44: Josephine buys 3 quarts of milk and
Q45: Steven's indifference curves are circles, all of
Q46: A person with reflexive preferences is someone
Q47: In Professor Meanscore's class, the first midterm
Q48: If preferences are convex, then for any