Exhibit 6-25 Point e in Exhibit 6-25 is better than which other point?
A)Point a because e represents the same utility at a lower level of expenditure.
B)Point a because e represents higher utility at the same level of expenditure.
C)Point b because e represents the same utility at a lower level of expenditure.
D)Point b because e represents higher utility at the same level of expenditure.
E)Point a because e represents higher utility at a lower level of expenditure.

Question

Exhibit 6-25  Point e in Exhibit 6-25 is better than which other point?
A)Point a because e represents the same utility at a lower level of expenditure. 
B)Point a because e represents higher utility at the same level of expenditure. 
C)Point b because e represents the same utility at a lower level of expenditure. 
D)Point b because e represents higher utility at the same level of expenditure. 
E)Point a because e represents higher utility at a lower level of expenditure.

Quizplus · Accepted Answer

The Answer of Exhibit 6-25  Point e in Exhibit 6-25 is better than which other point?
A)Point a because e represents the same utility at a lower level of expenditure. 
B)Point a because e represents higher utility at the same level of expenditure. 
C)Point b because e represents the same utility at a lower level of expenditure. 
D)Point b because e represents higher utility at the same level of expenditure. 
E)Point a because e represents higher utility at a lower level of expenditure.

Exhibit 6-25 Point E in Exhibit 6-25 Is Better