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Figure 3.4.1 -Refer to Figure 3.4.1 Above. the Consumer Chooses a on a on Budget

Question 65

Multiple Choice

  Figure 3.4.1 -Refer to Figure 3.4.1 above. The consumer chooses A on budget line I<sub>1</sub> and B on budget line I<sub>2</sub>. Which of the following statements is NOT true? A)  A is preferred to B. B)  B is preferred to C. C)  C is preferred to D. D)  A is preferred to C. Figure 3.4.1
-Refer to Figure 3.4.1 above. The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true?


A) A is preferred to B.
B) B is preferred to C.
C) C is preferred to D.
D) A is preferred to C.

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