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Mairoon Mairoon
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6 years ago
If the utility for two goods "x" and "y" can be measured as U = y, then it can be concluded that
A) "x" and "y" are perfect complements.
B) "x" is a "bad".
C) the indifference curves on the x,y graph are upward sloping where "x" is measured on the horizontal axis.
D) the indifference curves on the x,y graph are horizontal where "x" is measured on the horizontal axis.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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6 years ago
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Thanks for your help!!
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