Consider the following three market baskets:

If baskets B and C are on the same indifference curve, and if preferences satisfy all four of the basic assumptions, then:
A) A is preferred to C.
B) A is preferred to B.
C) Both A and B answer choices are correct.
D) none of the above

Question

Consider the following three market baskets:

If baskets B and C are on the same indifference curve, and if preferences satisfy all four of the basic assumptions, then:
A) A is preferred to C. 
B) A is preferred to B. 
C) Both A and B answer choices are correct. 
D) none of the above

Quizplus · Accepted Answer

The Answer of Consider the following three market baskets:

If baskets B and C are on the same indifference curve, and if preferences satisfy all four of the basic assumptions, then:
A) A is preferred to C. 
B) A is preferred to B. 
C) Both A and B answer choices are correct. 
D) none of the above

Consider the Following Three Market Baskets