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Management · Q310

Managerial Economics

Graduate and Post Graduate · Management · question 310

Q310

Goods X and Y are perfect substitutes. A consumer's indifference curve for these commodities is represented by a

A.
Upward sloping straight line
B.
Upward sloping curve which is convex from below
C.
Downward sloping straight line
Answer
D.
Downward sloping curve which is convex to origin

Answer: Option C

Solution

Answer: Option C
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