A Typical Indifference Curve That Reflects the Trade-Off Between Two

question 60

Multiple Choice

A typical indifference curve that reflects the trade-off between two goods that are not ________ or ________ has a marginal rate of substitution that falls between these two extremes.

• A) "goods"; "bads"
• B) perfect substitutes; perfect complements
• C) opportunity costs; utility costs
• D) right angles; straight lines
• E) intersections; intrasections

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