Exhibit 10-4 Refer to Exhibit 10-4.In the exhibit,Point C is:
A) attainable.
B) not attainable but is desirable because it is on a higher indifference curve.
C) is on a lower indifference curve and is undesirable.
D) None of the above.

Question

Exhibit 10-4  Refer to Exhibit 10-4.In the exhibit,Point C is:
A) attainable. 
B) not attainable but is desirable because it is on a higher indifference curve. 
C) is on a lower indifference curve and is undesirable. 
D) None of the above.

Quizplus · Accepted Answer

Point C is not attainable as it is outside the budget constraint, but it is desirable because it is on a higher indifference curve compared to points A and B, indicating higher utility.