If two indifference curves were to intersect at a point,this would violate the assumption of
A) transitivity.
B) completeness.
C) Both A and B above.
D) None of the above.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of goods among which a consumer is indifferent. If two indifference curves were to intersect, it would imply inconsistent preferences, violating the assumption of transitivity (if a consumer prefers bundle A to B and B to C, then they must prefer A to C).

If Two Indifference Curves Were to Intersect at a Point,this