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In the Diagram

Question 330

Multiple Choice

  In the diagram, A) the consumer is indifferent between points A and B, but neither point maximizes his utility. B) the consumer is indifferent between points A and B, and either point will maximize his utility. C) any combination of X and Y entailing more of Y and less of X than shown at B would be preferred. D) any combination of X and Y entailing more of X and less of Y than shown at A would be preferred. In the diagram,


A) the consumer is indifferent between points A and B, but neither point maximizes his utility.
B) the consumer is indifferent between points A and B, and either point will maximize his utility.
C) any combination of X and Y entailing more of Y and less of X than shown at B would be preferred.
D) any combination of X and Y entailing more of X and less of Y than shown at A would be preferred.

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