According to the more-is-better principle:
A) a consumer will always select the bundle that is ranked highest among all alternative bundles.
B) a consumer will prefer a bundle that has the largest amount of the good they prefer most.
C) consumers always try to achieve the highest possible level of well-being.
D) when comparing consumption bundles, a consumer prefers a bundle that has more of every good.

Question

Quizplus · Accepted Answer

The more-is-better principle states that when a consumer compares different consumption bundles, he/she prefers a bundle that has more of every good. This means that the consumer will always choose a bundle that has more of each good, rather than settling for a bundle that has less of one good even if it has more of another good. Therefore, choice D is the correct option.

According to the More-Is-Better Principle