The below indifference map shows the various combinations of hours of music and apples that yield different levels of utility. Figure 6.1 - According to Figure 6.1,which of the following is incorrect? A)The consumer prefers B to A B)The consumer is not indifferent between A and B C)The consumer is indifferent between D and E D)Indifference curve I₂ should cross indifference curve I₁ as shown E)The consumer is indifferent between B and C

Question

Quizplus · Accepted Answer

Indifference curves should not cross each other as it violates the assumption that higher indifference curves represent higher utility levels.

The Below Indifference Map Shows the Various Combinations of Hours