Figure: Preferences and Indifference Curves
Refer to the figure. According to the indifference curves for Kiwis and Nuts, which statement is TRUE?
A) Indifference curve U1 provides higher utility than indifference curve U2.
B) Bundle A is preferred to Bundle B.
C) Bundle C is preferred to Bundle D.
D) Bundle C is preferred to Bundle B.
Correct Answer:
Verified
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