In the case of highly or close complementary goods, the i...
In the case of highly or close complementary goods, the indifference curve is______
A straight line
A right-angled
L-shaped
Curvature
Correct answer is D
From the diagram, the shape is near the bend i.e Curvature at point A and point B (point of Origin).
Similar Questions
An increase in cash ratio by the central bank will_______ ...
The indicator of the value of money in the market is the ...
When the price of a good is above the equilibrium, there will be ...
When depreciation is deducted from Gross National Product, the result is ...
In production, total cost comprises of ...
The foremost objective of the International Bank of Reconstruction and Development (IBRD) is to ...
An important determinant of price elasticity of demand is ...
In computing national income, transfers are excluded because ...