Multiple Choice
Use the following to answer questions:
Figure: Indifference Curve
-(Figure: Indifference Curve) Refer to the figure. This figure represents the indifference curve of a consumer who purchases flip-flops and sneakers. Which statement is TRUE?
A) The consumer would prefer bundle C to bundle A.
B) A consumer is indifferent between bundle B and bundle A.
C) Bundle E is not utility maximizing.
D) Bundle B generates the highest utility out of all the points shown.
Correct Answer:

Verified
Correct Answer:
Verified
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