Suppose that indifference curve I₁lies to the left of indifference curve I₂. We can conclude that A) some, but not all, points on indifference curve I₁ will correspond to higher utility than points along indifference curve I_2. B) some, but not all, points on indifference curve I₁ will correspond to lower utility than points along indifference curve I₂. C) all points along indifference curve I₁ will correspond to higher utility than points along indifference curve I₂. D) all points along indifference curve I₁ will correspond to lower utility than points along indifference curve I₂.

Question

Quizplus · Accepted Answer

Indifference curves further from the origin represent higher utility levels. Since I₁ is to the left of I₂, it represents a lower utility level.

Suppose That Indifference Curve I1 lies to the Left of Indifference

Suppose That Indifference Curve I₁lies to the Left of Indifference