As long as a consumer is on a given indifference curve,what can we say about her preferences
A)She is indifferent to all points that lie on any other indifference curves.
B)Her preferences will not affect the marginal rate of substitution.
C)She is unable to decide which bundle of goods to choose.
D)She is indifferent among the points on that curve.

Question

Quizplus · Accepted Answer

If a consumer is on a given indifference curve, it means that she is equally satisfied with all the bundles of goods on that curve. Therefore, she is indifferent among the points on that curve. This does not necessarily mean that she is unable to decide or that her preferences will not affect the marginal rate of substitution, so options A, B, and C are incorrect.

As Long as a Consumer Is on a Given Indifference