Solved

Graph 22-4 -Refer to Graph 22-4.Which of the Following Statements Is True

Question 46

Multiple Choice

Graph 22-4 Graph 22-4   -Refer to Graph 22-4.Which of the following statements is true? A) since point E and point B have basically equal units of coffee and croissants a consumer would be indifferent between these two points B) if a consumer moves from point C to point A, her loss of croissants cannot be compensated for by an increase of coffee C) point E is preferred to all other points identified in the figure D) since more is preferred to less, point C may be preferred to point E in some circumstances
-Refer to Graph 22-4.Which of the following statements is true?


A) since point E and point B have basically equal units of coffee and croissants a consumer would be indifferent between these two points
B) if a consumer moves from point C to point A, her loss of croissants cannot be compensated for by an increase of coffee
C) point E is preferred to all other points identified in the figure
D) since more is preferred to less, point C may be preferred to point E in some circumstances

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions