Which of the following assumptions implies that bundles on indifference curves further from the origin are preferred to bundles closer to the origin?
A)non- satiation.
B)transitivity.
C)homogeneity
D)completeness.

Question

Quizplus · Accepted Answer

Non-satiation implies that more of a good is always preferred to less of it. As bundles further from the origin have more of one or both goods than bundles closer to the origin, non-satiation implies that bundles on indifference curves further from the origin are preferred.

Which of the Following Assumptions Implies That Bundles on Indifference