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The Figure Above Shows Three of a Consumer's Indifference Curves

Question 63

Multiple Choice

   The figure above shows three of a consumer's indifference curves. -Which of the following are true? i.Points C and G are equally preferred because they lie on the same indifference curve. ii.Points C and J are equally preferred because on them the consumption of chewing gum is equal. iii.Points G and J are equally preferred because on them the consumption of water is equal. A)  i only B)  ii only C)  iii only D)  ii and iii E)  i, ii, and iii
The figure above shows three of a consumer's indifference curves.
-Which of the following are true?
i.Points C and G are equally preferred because they lie on the same indifference curve.
ii.Points C and J are equally preferred because on them the consumption of chewing gum is equal.
iii.Points G and J are equally preferred because on them the consumption of water is equal.


A) i only
B) ii only
C) iii only
D) ii and iii
E) i, ii, and iii

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