Refer to the diagram, in which the downsloping lines are budget lines and I₁, I₂, and I₃comprise an indifference map. The combinations of products M and N indicated by points 1, 3, and 5 are such that A) all three imply the same level of utility. B) 1 and 5 imply a higher level of utility than does 3. C) 3 implies a higher level of utility than does 1 or 5. D) the person is indifferent among the three combinations.

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The Answer of Refer to the diagram, in which the downsloping lines are budget lines and I₁, I₂, and I₃comprise an indifference map. The combinations of products M and N indicated by points 1, 3, and 5 are such that A) all three imply the same level of utility. B) 1 and 5 imply a higher level of utility than does 3. C) 3 implies a higher level of utility than does 1 or 5. D) the person is indifferent among the three combinations.

Refer to the Diagram, in Which the Downsloping Lines Are