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In the Diagram

Question 111

Multiple Choice

In the diagram, In the diagram,   A)  the consumer is indifferent between points A and B, but neither point maximizes his utility. B)  the consumer is indifferent between points A and B, and either point will maximize his utility. C)  any combination of X and Y entailing more of Y and less of X than shown at B would be preferred. D)  any combination of X and Y entailing more of X and less of Y than shown at A would be preferred.


A) the consumer is indifferent between points A and B, but neither point maximizes his utility.
B) the consumer is indifferent between points A and B, and either point will maximize his utility.
C) any combination of X and Y entailing more of Y and less of X than shown at B would be preferred.
D) any combination of X and Y entailing more of X and less of Y than shown at A would be preferred.

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