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)A is preferred to B.
B)B is preferred to C.
C)C is preferred to D.
D)A is preferred to C.

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)A is preferred to B. 
B)B is preferred to C. 
C)C is preferred to D. 
D)A is preferred to C.

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)A is preferred to B. 
B)B is preferred to C. 
C)C is preferred to D. 
D)A is preferred to C.

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