-Which of the following is true of Exhibit 6-25?
A) Points a, b, and c all represent the same level of utility, which is lower than that represented by points d, e, andB.
B) Points a, b, and c all represent the same level of utility, which is higher than that represented by points d, e, and B
C) Points a, c, and e all represent the same level of utility, which is lower than that represented by point
D) Points a, c, and e all represent the same level of utility, which is higher than that represented by point b.
E) Point d represents a level of utility higher than any other point on the graph.

Question

-Which of the following is true of Exhibit 6-25?
A) Points a, b, and c all represent the same level of utility, which is lower than that represented by points d, e, andB. 
B) Points a, b, and c all represent the same level of utility, which is higher than that represented by points d, e, and B 
C) Points a, c, and e all represent the same level of utility, which is lower than that represented by point 
D) Points a, c, and e all represent the same level of utility, which is higher than that represented by point b. 
E) Point d represents a level of utility higher than any other point on the graph.

Quizplus · Accepted Answer

Points a, b, and c are on the same indifference curve, indicating they provide the same level of utility, which is lower than the utility level of points d, e, and B on a higher indifference curve.

-Which of the Following Is True of Exhibit 6-25