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).
The price index computed between two time periods is given as 128%,This implies that the ...
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The diagram shows the total utility curve. At the point M, marginal utility ...
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