All points above a given indifference curve are
A) inferior to any point on the indifference curve.
B) preferred to any point on the indifference curve.
C) definitely not affordable.
D) Both answers Band C are correct.

Question

Quizplus · Accepted Answer

The definition of an indifference curve is that it represents a set of points among which a consumer is indifferent. Therefore, any point above the indifference curve will provide a higher level of utility than any point on the indifference curve. Thus, the correct answer is that points above the indifference curve are preferred to any point on the indifference curve.

All Points Above a Given Indifference Curve Are