In Problem 1, Charlie's indifference curves have the equation , where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (8, 13) to the bundle
A) (14, 7).
B) (9, 12).
C) (13, 8).
D) All of the above.
E) None of the above.

Question

In Problem 1, Charlie's indifference curves have the equation  , where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (8, 13) to the bundle
A) (14, 7). 
B) (9, 12). 
C) (13, 8). 
D) All of the above. 
E) None of the above.

Quizplus · Accepted Answer

The Answer of In Problem 1, Charlie's indifference curves have the equation  , where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (8, 13) to the bundle
A) (14, 7). 
B) (9, 12). 
C) (13, 8). 
D) All of the above. 
E) None of the above.

In Problem 1, Charlie's Indifference Curves Have the Equation