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(Figure: Tomatoes and Carrots II) Which of the Following Statements

Question 72

Multiple Choice

(Figure: Tomatoes and Carrots II) Which of the following statements is FALSE given the two goods tomatoes and carrots? (Figure: Tomatoes and Carrots II)  Which of the following statements is FALSE given the two goods tomatoes and carrots?   A)  Indifference curve U<sub>2</sub> provides a higher level of utility than indifference curve U<sub>1</sub>. B)  Bundle C is preferred to bundle D. C)  Bundle A is preferred to bundle C. D)  The consumer is indifferent between bundle A and bundle D.


A) Indifference curve U2 provides a higher level of utility than indifference curve U1.
B) Bundle C is preferred to bundle D.
C) Bundle A is preferred to bundle C.
D) The consumer is indifferent between bundle A and bundle D.

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