Greater levels of utility are achieved:
A) on higher indifference curves.
B) on lower indifference curves.
C) by moving up to the left on a given indifference curve.
D) by moving down to the right on a given indifference curve.

Question

Quizplus · Accepted Answer

Utility is a subjective measure of satisfaction or happiness, therefore, greater levels of utility are achieved on higher indifference curves. A higher indifference curve represents a higher level of satisfaction.

Greater Levels of Utility Are Achieved