Consumers always ____ indifference curves that are farther from the origin.

Question

Quizplus · Accepted Answer

Indifference curves represent different levels of utility that consumers achieve from consuming different combinations of goods. The farther the indifference curve is from the origin, the higher the level of utility. Thus, consumers always prefer indifference curves that are farther from the origin, as these represent higher levels of satisfaction.

Consumers Always ____ Indifference Curves That Are Farther from the Origin