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Budget Line & Optimal Choice · Question 35 of 67

Question 35

EasyOriginal question

Two indifference curves

Options for question 35

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. If they crossed, the crossing bundle would give two different levels of satisfaction at once, which is impossible.

Concept
Indifference curves do not intersect
Typical time
40 s
Your time
—
The rule this testsIndifference curves and MRS
Practise this chapter →

Ten questions from Budget Line & Optimal Choice, at your own pace.

Practise this chapter →

Ten questions from Budget Line & Optimal Choice, at your own pace.