-Which of the following statements about the above figure is true?
A) Point C is preferred to point A.
B) Point A is equally preferred to point C.
C) Point B is equally preferred to point C.
D) Point A is preferred to point C.

Question

-Which of the following statements about the above figure is true?
A) Point C is preferred to point A. 
B) Point A is equally preferred to point C. 
C) Point B is equally preferred to point C. 
D) Point A is preferred to point C.

Quizplus · Accepted Answer

Point C is preferred to point A because the indifference curve is higher at point C than at point A.

-Which of the Following Statements About the Above Figure Is