A consumer always prefers to be on a higher indifference curve to a lower indifference curve.

Name: A consumer always prefers to be on a higher indifference curve to a lower indifference curve.
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Question

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This statement is true according to the theory of consumer choice, as a higher indifference curve represents a higher level of satisfaction, indicating that the consumer prefers that combination of goods or services over others on a lower indifference curve.

A Consumer Always Prefers to Be on a Higher Indifference