Question

Choose the best answer given. Suppose YouTube videos of Halle Berry and YouTube videos of Jennifer...

Choose the best answer given.

Suppose YouTube videos of Halle Berry and YouTube videos of Jennifer Lopez are perfect complements, then

a) The indifference curves of these two YouTube videos will be L-shaped

b) The indifference curves of these two YouTube videos will exhibit diminishing marginal rate of substitution

c) The marginal rate of substitution of YouTube videos of Halle Berry in place of YouTube videos of Jennifer Lopez is constant, regardless of how much of each an individual consumes

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Answer #1

Ans) the correct option is a) The indifference curves of these two YouTube videos will be L-shaped

The marginal rate of substitution for complementary goods is zero

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