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