wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Byju's Answer
Standard XII
Business Studies
Features of Marketing
The indiffere...
Question

The indifference curve, which is 'L' shaped, represents __________.

A
perfect complementary
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
perfect substitutability
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
no substitutability
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
unrelated goods
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B perfect complementary
When two goods are perfect complements, they are represented by a 'L' shaped indifference curve.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Marketing
BUSINESS STUDIES
Watch in App
explore_more_icon
Explore more
Features of Marketing
Standard XII Business Studies
Join BYJU'S Learning Program
book_image
AI Tutor
book_image
Textbooks
book_image
Question Papers
book_image
Install app
CrossIcon