Figure 21-4

-Refer to Figure 21-4.Which of the following statements is true?
A)If a consumer moves from point C to point A, her loss of Ho-Ho's cannot be compensated for by an increase in Twinkies.
B)Point E is preferred to all other points identified in the figure.
C)Since more is preferred to less, point C may be preferred to point E in some circumstances for this consumer.
D)Even though point E has more of both goods than point B, we could draw a different set of indifference curves in which point B is preferred to point E.

Question

Figure 21-4
 
-Refer to Figure 21-4.Which of the following statements is true?
A)If a consumer moves from point C to point A, her loss of Ho-Ho's cannot be compensated for by an increase in Twinkies. 
B)Point E is preferred to all other points identified in the figure. 
C)Since more is preferred to less, point C may be preferred to point E in some circumstances for this consumer. 
D)Even though point E has more of both goods than point B, we could draw a different set of indifference curves in which point B is preferred to point E.

Quizplus · Accepted Answer

The Answer of Figure 21-4
 
-Refer to Figure 21-4.Which of the following statements is true?
A)If a consumer moves from point C to point A, her loss of Ho-Ho's cannot be compensated for by an increase in Twinkies. 
B)Point E is preferred to all other points identified in the figure. 
C)Since more is preferred to less, point C may be preferred to point E in some circumstances for this consumer. 
D)Even though point E has more of both goods than point B, we could draw a different set of indifference curves in which point B is preferred to point E.

Figure 21-4 -Refer to Figure 21-4.Which of the Following Statements Is True