There is an indifference curve through every bundle because of the assumption of
A)transitivity.
B)completeness.
C)rationality.
D)nonsatiation.

Question

Quizplus · Accepted Answer

The assumption of completeness, which states that a consumer can compare and rank all possible bundles of goods, ensures that there is an indifference curve through every bundle. This is because if a consumer can compare any two bundles, they can also identify a bundle which is indifferent to one of the bundles, forming an indifference curve. The other options (transitivity, rationality, and nonsatiation) do not necessarily imply the existence of indifference curves through every bundle.

There Is an Indifference Curve Through Every Bundle Because of the Assumption