Suppose Addison is a big fan of jazz music and dislikes opera music.What would his family of indifference curves look like?
A) Negatively sloped, with higher levels of utility represented by indifference curves that are closer to the origin
B) Positively sloped, with higher levels of utility represented by indifference curves that are closer to the origin
C) Negatively sloped, with higher levels of utility represented by indifference curves that are farther from the origin
D) Positively sloped, with higher levels of utility represented by indifference curves that are farther from the origin

Question

Quizplus · Accepted Answer

Since Addison prefers jazz music and dislikes opera music, his family of indifference curves will be negatively sloping. However, since he has a higher level of utility for jazz music (which he likes) than opera music (which he dislikes), his higher levels of utility will be represented by indifference curves that are farther from the origin. Therefore, the correct answer is option C.

Suppose Addison Is a Big Fan of Jazz Music and Dislikes