When Laurie asks Matt if he wants a large popcorn and small soda or a large soda and small popcorn, Matt says, "Oh, I'm indifferent." This means Matt:
A)doesn't want popcorn and soda.
B)thinks both bundles give him the same
C)utility.thinks both bundles give him no utility.
D)thinks the utility he gained from popcorn and soda exactly equals their cost.

Question

Quizplus · Accepted Answer

Being indifferent means that Matt perceives both options as equally satisfying or valuable, indicating that they provide him with the same level of utility.

When Laurie Asks Matt If He Wants a Large Popcorn