________ exist(s)when a consumer is interested in consuming two goods in fixed proportions.
A) Perfect substitutes
B) Ratio complements
C) Perfect complements
D) Unit complements
E) Complementary rigidity

Question

Quizplus · Accepted Answer

Perfect complements refer to goods that a consumer wants to consume in a fixed ratio or proportion. In other words, if a consumer wants to buy one unit of good A, they must also buy one unit of good B to satisfy their needs. For example, shoes and shoelaces are perfect complements. You need both to complete the desired outcome of wearing shoes.

________ Exist(s)when a Consumer Is Interested in Consuming Two Goods