menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 2
  4. Exam
    Exam 22: The Theory of Consumer Choice
  5. Question
    Higher Indifference Curves Are Preferred to Lower Ones as Long
Solved

Higher Indifference Curves Are Preferred to Lower Ones as Long

Question 92

Question 92

Multiple Choice

Higher indifference curves are preferred to lower ones as long as the:


A) commodities in the bundle are 'healthy'
B) commodities in the bundle are 'goods'
C) price of both commodities do not change
D) budget constraint does not shift

Correct Answer:

verifed

Verified

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

Related Questions

Q2: The substitution effect is the change in

Q17: When a budget constraint shifts out:<br>(i) the

Q18: As long as a consumer is on

Q26: Which of the commodities below is most

Q52: If the budget constraint crosses an indifference

Q58: Amy purchases only coffee and croissants.The substitution

Q60: Graph 22-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 22-6

Q91: Use a diagram to demonstrate the circumstances

Q93: Utility measures:<br>A) the satisfaction a consumer receives

Q119: The substitution effect from an increase in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines