If two goods were perfect substitutes of each other, it necessarily follows that _____________.

an indifference curve relating the two goods will be concave to the origin

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an indifference curve relating the two goods will be linear

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an indifference curve relating the two goods will be divided into two segments, which meet at a right angle

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an indifference curve relating the two goods will be convex to the origin

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Solution

The correct option is B an indifference curve relating the two goods will be linear
An indifference curve for perfect substitutes will be linear because the marginal rate of substitution between two substitutes is constant.

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If two goods were perfect substitutes of each other, it necessarily follows that _____________.

The correct option is B an indifference curve relating the two goods will be linearAn indifference curve for perfect substitutes will be linear because the marginal rate of substitution between two substitutes is constant.

The correct option is B an indifference curve relating the two goods will be linear
An indifference curve for perfect substitutes will be linear because the marginal rate of substitution between two substitutes is constant.