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Figure 4.2
-(Figure 4.2) Joanne's utility function is U = TC, where T is baskets of tomatoes and C is bags of carrots. One of Joanne's indifference curves will go through points:
A) A, B, and F.
B) B, D, and E.
C) A, D, and E.
D) D, C, and E.

Question

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Figure 4.2 
-(Figure 4.2) Joanne's utility function is U = TC, where T is baskets of tomatoes and C is bags of carrots. One of Joanne's indifference curves will go through points:
A) A, B, and F. 
B) B, D, and E. 
C) A, D, and E. 
D) D, C, and E.

Quizplus · Accepted Answer

Points A, D, and E are all on the same indifference curve, which means that Joanne receives the same level of satisfaction from all three combinations. Therefore, she is indifferent between them and any one of them would be an equally good choice. Neither points B nor C are on the same indifference curve as A, D, and E, so they are not relevant to this question.

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