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The Following Figure Shows the Indifference Curves (IC) and the Budget

Question 30

Multiple Choice

The following figure shows the indifference curves (IC) and the budget constraint (BC) of a consumer who needs to decide between the number of trousers and shirts he should purchase.
The following figure shows the indifference curves (IC) and the budget constraint (BC) of a consumer who needs to decide between the number of trousers and shirts he should purchase. -Refer to the figure above.Which indifference curve depicts the highest level of utility? A) IC₁ B) IC₂ C) IC₃ D) IC₄
-Refer to the figure above.Which indifference curve depicts the highest level of utility?


A) IC₁
B) IC₂
C) IC₃
D) IC₄

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