Which combination of the following properties rules out indifference curves that intersect one another?
A) Completeness and diminishing marginal rate of substitution
B) Transitivity and more-is-better
C) More-is-better and diminishing marginal rate of substitution
D) Completeness and more-is-better

Question

Quizplus · Accepted Answer

Transitivity ensures consistent preferences, preventing intersecting indifference curves, while more-is-better implies higher utility with more goods, reinforcing non-intersecting curves.

Which Combination of the Following Properties Rules Out Indifference Curves