In the case of perfect complementaries, the MRS between goods is:
A) Zero
B) Positive
C) Negative
D) None
Correct Answer:
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Q9: A movement from one point to another
Q10: In the case of an indifference curve
A)dU/dX>dU/dY
B)dU/dX
Q11: An Indifference Curve to the right of
Q12: As moving from left to right through
Q13: The slope of an indifference curve represents:
A)Price
Q15: In a combination of X and Y,
Q16: At the point of tangency of an
Q17: Commodities bought in larger quantities when income
Q18: Change in demand due to change in
Q19: Substitution Effect is:
A)Always negative
B)Always positive
C)Seldom negative
D)Zero
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