-Keith is indifferent between canned soup and fresh soup.In the figure above,Keith's indifference curves are represented by I1,I2,I3,and I4 curves.Which of the following choices Keith cannot afford?
A) 3 canned soups and 2 fresh soups
B) 2 canned soups and 1 fresh soup
C) only 4 canned soups
D) only 2 fresh soups

Question

-Keith is indifferent between canned soup and fresh soup.In the figure above,Keith's indifference curves are represented by I1,I2,I3,and I4 curves.Which of the following choices Keith cannot afford?
A) 3 canned soups and 2 fresh soups 
B) 2 canned soups and 1 fresh soup 
C) only 4 canned soups 
D) only 2 fresh soups

Quizplus · Accepted Answer

Given Keith's indifference between canned and fresh soup, the affordability of options depends on his budget constraint, which isn't explicitly provided. However, the question implies that one of the options lies outside his budget constraint. Since indifference curves represent combinations of goods that provide the same level of utility, if an option is on a higher indifference curve than the others, it implies it provides more utility and thus might be unaffordable if we assume higher utility combinations require more resources. Without the figure, we infer based on typical economic principles.

-Keith Is Indifferent Between Canned Soup and Fresh Soup