In the case of perfect complementaries, the MRS between goods is:

Related MCQs

• As moving from left to right through an indifference curve, the MRS of X for Y
• In the case of normal goods, the quantity demanded varies inversely with:
• In the case of luxury goods, the income elasticity of demand will be:
• For complementary goods, the cross elasticity of demand:
• The demand curve for Giffen’s goods:
• Income elasticity of demand for inferior goods is:
• In the case of a free good, the consumer will be in equilibrium when:
• In the case of an indifference curve
• Income elasticity is positive, but less than unity in the case of:
• Cross elasticity of demand in the case of substitutes: