When Two Goods Are Perfect Substitutes, the

question 385

Multiple Choice

When two goods are perfect substitutes, the

• A)indifference curve is a horizontal straight line.
• B)marginal rate of substitution is constant.
• C)indifference curve is a vertical straight line.
• D)Both a and b are correct.

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Definitions:

Elementary-Aged Children

Refers to children typically between the ages of 6 to 11 years, who are in the elementary or primary school phase.

Fine Motor Skill

The ability to coordinate small muscles, typically in the hands and fingers, to perform tasks that require precision, such as writing or tying shoelaces.

Toddler Playground

A specially designed area with play equipment suitable for young children, typically aged 1-3 years.

Physical Strain

The stress or fatigue resulting from physical activity or exertion.