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Consider the Following Set of Indifference Curves

Question 40

Multiple Choice

Consider the following set of indifference curves: Consider the following set of indifference curves:   Investment Y is: A) preferred to Investments X and Z and is as desirable as Investment W. B) preferred to Investment W,but is inferior to Investments X and Z. C) preferred to Investments X and Z,but is inferior to Investment W. D) preferred to Investments X and Z,which provide an investor with equal utility,and is preferred to Investment W.
Investment Y is:


A) preferred to Investments X and Z and is as desirable as Investment W.
B) preferred to Investment W,but is inferior to Investments X and Z.
C) preferred to Investments X and Z,but is inferior to Investment W.
D) preferred to Investments X and Z,which provide an investor with equal utility,and is preferred to Investment W.

Correct Answer:

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