Consider the Following Three Market Baskets:Table 3.1

Multiple Choice

Consider the following three market baskets:Table 3.1

-Refer to Table 3.1. If preferences satisfy all four of the basic assumptions:

A) A is on the same indifference curve as B.
B) B is on the same indifference curve as C.
C) A is preferred to C.
D) B is preferred to A.
E) Both A and B answer choices are correct.