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

Question 121

Multiple Choice

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

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