Use the figure below to answer the following question. Figure 9.3.2
-Which one of the following statements about Figure 9.3.2 is true?
A)Point S is preferred to point Q,but S is not affordable.
B)Point R is not affordable.
C)Point T is preferred to point Q,but T is not affordable.
D)Points Q and S cost the same,but Q is preferred to S.
E)Point R is the best affordable point.

Question

Use the figure below to answer the following question.  Figure 9.3.2
-Which one of the following statements about Figure 9.3.2 is true?
A)Point S is preferred to point Q,but S is not affordable. 
B)Point R is not affordable. 
C)Point T is preferred to point Q,but T is not affordable. 
D)Points Q and S cost the same,but Q is preferred to S. 
E)Point R is the best affordable point.

Quizplus · Accepted Answer

According to the graph, point T is located on a higher indifference curve than point Q, indicating that it is preferred to Q. However, T is located outside the budget constraint, so it is not affordable.

Use the Figure Below to Answer the Following Question