Which conclusion would crossing indifference curves suggest
A)It is possible to demonstrate that a consumer does not prefer more to less.
B)Consumers are likely to prefer a redistribution of income from rich to poor.
C)Differences in consumption choices across individuals are more easily explained than with noncrossing indifference curves.
D)It is possible to demonstrate that all standard properties of indifference curves are typically satisfied.

Question

Quizplus · Accepted Answer

Crossing indifference curves would imply violations of one of the fundamental assumptions of basic consumer theory, which states that more is always preferred to less. Therefore, the correct conclusion would be that it is possible to demonstrate that a consumer does not prefer more to less.

Which Conclusion Would Crossing Indifference Curves Suggest