Angela consumes goods x and y. Her indifference curves are described by the formula
. Higher values of k correspond to better indifference curves.
A) Angela prefers bundle (8, 9) to bundle (9, 8) .
B) Angela likes good y and hates good x.
C) Angela prefers bundle (11, 9) to bundle (9, 11) .
D) Angela likes good x and hates good y.
E) More than one of the above statements are true.
Correct Answer:
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