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Suppose a Manager's Preferences Depend Only on Profit

Question 130

Multiple Choice

Suppose a manager's preferences depend only on profit.Such a manager will then have an indifference curve that: Suppose a manager's preferences depend only on profit.Such a manager will then have an indifference curve that:   A)  is tangent to the profit curve somewhere between quantities of 0 and 2.5. B)  is tangent to the profit curve somewhere between quantities of 2.5 and 5. C)  is tangent to the profit curve at a quantity exactly equal to 2.5. D)  intersects the profit curve at a quantity exactly equal to 5.


A) is tangent to the profit curve somewhere between quantities of 0 and 2.5.
B) is tangent to the profit curve somewhere between quantities of 2.5 and 5.
C) is tangent to the profit curve at a quantity exactly equal to 2.5.
D) intersects the profit curve at a quantity exactly equal to 5.

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