Multiple Choice
Use the following to answer questions:
Figure: Indifference Curve Map I
-(Figure: Indifference Curve Map I) Look at the figure Indifference Curve Map I. It shows that:
A) at point A utility is higher than it is at point B.
B) utility is diminishing on I1, constant on I2, and increasing on I3.
C) utility is higher at point D than at point A.
D) the marginal utility of e-books is positive, while the marginal utility of cell phone apps is negative.
Correct Answer:

Verified
Correct Answer:
Verified
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