Higher indifference curves are preferred to lower ones as long as the:
A) commodities in the bundle are 'healthy'
B) commodities in the bundle are 'goods'
C) price of both commodities do not change
D) budget constraint does not shift

Question

Quizplus · Accepted Answer

Higher indifference curves represent higher levels of utility or satisfaction, which is preferred when the commodities are 'goods' (i.e., desirable items).

Higher Indifference Curves Are Preferred to Lower Ones as Long