Indifference curves further from the origin imply:
A) a higher level of satisfaction.
B) a lower level of satisfaction.
C) the same level of satisfaction as any other curve.
D) None of the preceding statements is correct.

Question

Quizplus · Accepted Answer

Indifference curves further from the origin represent higher levels of satisfaction as they reflect a greater quantity of both goods being consumed. The farther away the curve is from the origin, the more preferred it is to the consumer.

Indifference Curves Further from the Origin Imply