Two indifference curves for an individual consumer __________ intersect; two Community indifference curves for a country __________.
A) cannot; also cannot intersect
B) cannot; can intersect under some circumstances
C) can; can also intersect under some circumstances
D) can; cannot intersect

Question

Quizplus · Accepted Answer

Two indifference curves for an individual consumer cannot intersect because it would imply inconsistent preferences. However, two Community indifference curves for a country can intersect under some circumstances due to the aggregation of different individual preferences.

Two Indifference Curves for an Individual Consumer __________ Intersect; Two