Use the following to answer questions:
Figure: Indifference Curve
-(Figure: Indifference Curve) Refer to the figure. This figure represents the indifference curve of a consumer who purchases flip-flops and sneakers. Which statement is TRUE?
A) The consumer would prefer bundle C to bundle A.
B) A consumer is indifferent between bundle B and bundle A.
C) Bundle E is not utility maximizing.
D) Bundle B generates the highest utility out of all the points shown.

Question

Use the following to answer questions:
Figure: Indifference Curve 
-(Figure: Indifference Curve) Refer to the figure. This figure represents the indifference curve of a consumer who purchases flip-flops and sneakers. Which statement is TRUE?
A) The consumer would prefer bundle C to bundle A. 
B) A consumer is indifferent between bundle B and bundle A. 
C) Bundle E is not utility maximizing. 
D) Bundle B generates the highest utility out of all the points shown.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Indifference Curve 
-(Figure: Indifference Curve) Refer to the figure. This figure represents the indifference curve of a consumer who purchases flip-flops and sneakers. Which statement is TRUE?
A) The consumer would prefer bundle C to bundle A. 
B) A consumer is indifferent between bundle B and bundle A. 
C) Bundle E is not utility maximizing. 
D) Bundle B generates the highest utility out of all the points shown.

Use the Following to Answer Questions