Any point above a given indifference curve ________ affordable and is ________ to any point on the indifference curve.
A) is not; inferior
B) might or might not be; preferred
C) is not; preferred
D) might or might not be; inferior
E) is; preferred

Question

Quizplus · Accepted Answer

Points above an indifference curve might or might not be affordable depending on the consumer's budget constraint, but they are generally preferred because they represent higher levels of utility.

Any Point Above a Given Indifference Curve ________ Affordable and Is