Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Robert only consumes X and Y, and his indifference curves have the usual convex

ID: 1180398 • Letter: R

Question

Robert only consumes X and Y, and his indifference  curves have the usual convex shape. Consider the consumption bundles  (3, 9), (6, 6), and (9, 3) (hint: they lie on a straight line). If Robert  is indifferent between (3, 9) and (9, 3), then:

Answer

   

A) he prefers (3, 9) over (6, 6).

   

B) he prefers (9, 3) over (6, 6).

   

C) he prefers (6, 6) over both (3, 9) and (9, 3).

   

D) he prefers (6,6) over (3,9) but not over (9,3).

   

A) he prefers (3, 9) over (6, 6).

   

B) he prefers (9, 3) over (6, 6).

   

C) he prefers (6, 6) over both (3, 9) and (9, 3).

   

D) he prefers (6,6) over (3,9) but not over (9,3).

Explanation / Answer

Is the reason he prefers 6,6 over both of the others due to his "indifference"?


Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote