Solved

Please Consider the Following Figure: the Consumer Chooses a on Budget

Question 39

Multiple Choice

Please consider the following figure: Please consider the following figure:   The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true? A)  B is preferred to C. B)  A is preferred to B. C)  C is preferred to A. D)  All of the statements are correct. The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true?


A) B is preferred to C.
B) A is preferred to B.
C) C is preferred to A.
D) All of the statements are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions