-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.Canned soup sells for $1 per serving and fresh soup sells for $2 per serving.What is Keith's income?
A) $8
B) $4
C) $2
D) $5

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.Canned soup sells for $1 per serving and fresh soup sells for $2 per serving.What is Keith's income?
A) $8 
B) $4 
C) $2 
D) $5

Quizplus · Accepted Answer

The Answer of 
-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.Canned soup sells for $1 per serving and fresh soup sells for $2 per serving.What is Keith's income?
A) $8 
B) $4 
C) $2 
D) $5

-Keith Is Indifferent Between Canned Soup and Fresh Soup