Given a particular consumer's indifference map,the further the indifference curve is from the origin
A)the lower the marginal rate of substitution.
B)the higher the marginal rate of substitution.
C)the lower the level of satisfaction.
D)the higher the level of satisfaction.
E)the more goods are included.

Question

Quizplus · Accepted Answer

The further the indifference curve is from the origin, the higher the level of satisfaction. This is because the consumer is able to consume more of both goods without giving up any satisfaction, which indicates a higher level of utility. Therefore, option D is the correct choice.

Given a Particular Consumer's Indifference Map,the Further the Indifference Curve