A preference map is a set of
A) indifference curves.
B) budget lines.
C) demand curves.
D) substitution curves.
E) marginal rate of substitution curves.

Question

Quizplus · Accepted Answer

A preference map is a graphical representation of a consumer's preferences, which is usually depicted using indifference curves. Therefore, the correct choice is A) indifference curves. Budget lines (B), demand curves (C), substitution curves (D), and marginal rate of substitution curves (E) are different concepts in microeconomics that are not directly related to preference maps.

A Preference Map Is a Set of