1
Question
What does the L shaped indifference curve represent?
What does the L shaped indifference curve represent?
Open in App
Solution
An L shaped indifference curve represents that two goods are perfect complements of each other.
Also read:
- Consumer Equilibrium Indifference Curve Approach
- MCQ on Indifference Curve
- Features of Indifference Curve
- Deriving a Demand Curve From Indifference Curves and Budget Constraints
Learn about more questions and answers on business studies and various other commerce topics from our website.
An L shaped indifference curve represents that two goods are perfect complements of each other.
Also read:
- Consumer Equilibrium Indifference Curve Approach
- MCQ on Indifference Curve
- Features of Indifference Curve
- Deriving a Demand Curve From Indifference Curves and Budget Constraints
Learn about more questions and answers on business studies and various other commerce topics from our website.
Suggest Corrections
2
Similar questions
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
