Please consider the following figure: The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true?
A) B is preferred to C.
B) A is preferred to B.
C) C is preferred to A.
D) All of the statements are correct.

Question

Please consider the following figure:  The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true?
A) B is preferred to C. 
B) A is preferred to B. 
C) C is preferred to A. 
D) All of the statements are correct.

Quizplus · Accepted Answer

The Answer of Please consider the following figure:  The consumer chooses A on budget line I1 and B on budget line I2. Which of the following statements is NOT true?
A) B is preferred to C. 
B) A is preferred to B. 
C) C is preferred to A. 
D) All of the statements are correct.

Please Consider the Following Figure: the Consumer Chooses a on Budget