For income and leisure time,a higher level of utility is achieved by moving to the _____ on an indifference _____.

Question

Quizplus · Accepted Answer

In economics, an indifference map is a graphical representation of different bundles of goods between which a consumer is indifferent. Moving to the northeast on an indifference map implies having more of both goods (in this case, income and leisure), which typically results in a higher level of utility.

For Income and Leisure Time,a Higher Level of Utility Is