Figure 21-7 The following graph shows three possible indifference curves (I) for a consumer. -Refer to Figure 21-7. Which of the following statements is correct? A)Bundle D contains more scones than bundle C. B)Bundle C provides the same utility as bundle D. C)Bundle B provides the same utility as bundle A. D)The bundles along I₂ are preferred to those along I₃.

Question

Quizplus · Accepted Answer

The Answer of Figure 21-7 The following graph shows three possible indifference curves (I) for a consumer. -Refer to Figure 21-7. Which of the following statements is correct? A)Bundle D contains more scones than bundle C. B)Bundle C provides the same utility as bundle D. C)Bundle B provides the same utility as bundle A. D)The bundles along I₂ are preferred to those along I₃.

Figure 21-7 the Following Graph Shows Three Possible Indifference Curves (I) for (I)