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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1225364
Introduction to Economics 1 Deneme Sınavı Sorusu #1225364
If MRS (marginal rate of substitution) is said to be perfect along the indifference curve, how it would shape?
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A positively sloped linear line |
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A negatively slpoed linear line |
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A convex curve to the origin |
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A concave curve to the origin |
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A L shaped curve |
Yanıt Açıklaması:
If two goods are perfect substitutes, the marginal rate of substitution of one good for the other is constant. Therefore indifference curve will be a negatively sloped linear line. The answer is B.
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