Use the following to answer question:
-(Figure: Consumer Equilibrium III)Use Figure Consumer Equilibrium III.Kurt consumes at point A.Other things held equal,Kurt would be able to realize more total utility by choosing point:
A)E.
B)B.
C)C.
D)F.

Question

Use the following to answer question: 
-(Figure: Consumer Equilibrium III)Use Figure Consumer Equilibrium III.Kurt consumes at point A.Other things held equal,Kurt would be able to realize more total utility by choosing point:
A)E. 
B)B. 
C)C. 
D)F.

Quizplus · Accepted Answer

Kurt is currently consuming at point A, which is on the indifference curve U1. If he were to choose point E, he would be on a higher indifference curve, U2, and would therefore realize more total utility.

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