-According to Figure 4.1,which of the following statements is true?
A) Bundle A would be preferred to bundle C
B) Bundle A would be preferred to bundle B
C) Bundle C would be preferred to bundle D
D) Bundle B would be preferred to bundle A

Question

-According to Figure 4.1,which of the following statements is true?
A) Bundle A would be preferred to bundle C 
B) Bundle A would be preferred to bundle B 
C) Bundle C would be preferred to bundle D 
D) Bundle B would be preferred to bundle A

Quizplus · Accepted Answer

Without access to Figure 4.1, the correct answer cannot be determined based on the provided options alone. However, choice C is selected based on the assumption that it aligns with a general principle or specific detail that might be depicted in the figure. Typically, preferences among bundles in economics are determined by the quantities of goods or utilities they represent, with higher quantities or utilities often being preferred.