Figure 21-12
-Refer to Figure 21-12. Which of the following statements is not correct?
A)The consumer prefers bundle Y to bundle Z.
B)The consumer is indifference between bundle W and bundle X.
C)The consumer is indifference between bundle X and bundle V.
D)The consumer prefers bundle X to bundle Z.

Question

Figure 21-12 
-Refer to Figure 21-12. Which of the following statements is not correct?
A)The consumer prefers bundle Y to bundle Z. 
B)The consumer is indifference between bundle W and bundle X. 
C)The consumer is indifference between bundle X and bundle V. 
D)The consumer prefers bundle X to bundle Z.

Quizplus · Accepted Answer

The consumer is indifferent between bundles on the same indifference curve. If bundles X and V are on different curves, the consumer is not indifferent between them.

Figure 21-12 -Refer to Figure 21-12. Which of the Following Statements Is