Question : Question
The indifference curve for perfect substitutes : 5560
The indifference curve for perfect substitutes is illustrated by a downward sloping straight line because if two goods are perfect substitutes, then 1 unit of one good can always be substituted for 1 unit of a second good without affecting the level of one's utility. True, False, Uncertain. Explain. (That is, indicate if the statement presented is "true", "false", or "uncertain". A response of "uncertain " means that the statement is sometimes true, hut not always or that the rationale presented in the statement for the stated premise is incorrect).