When two goods are perfect substitutes, they will have:
A)indifference curves with a slope equal to +1.
B)indifference curves that slope upward.
C)linear indifference curves.
D)indifference curves that are kinked.

Question

Quizplus · Accepted Answer

When two goods are perfect substitutes, the consumer is willing to substitute one good for the other at a constant rate, leading to linear indifference curves.

When Two Goods Are Perfect Substitutes, They Will Have