From the indifference curve above, consumer will prefer c...
From the indifference curve above, consumer will prefer combination
F
S
M
K
Correct answer is B
From the above diagram, consumers would mostly likely get the highest level of utility at point S. Because at point S, 3 of Y = 3 of X
Similar Questions
In order to stabilize oil price in the world market, there is the need for OPEC members to ...
In the short-run a firm marginal cost curve above the point of shut-down is its ...
The rate of growth of population is ...
When a firm is enjoying internal economies of scale, its? ...
A modern corporation is owned by ...
The economic system in which the decisions about what to produce, how to produce and for whom t...
The minimum number of shareholders for a joint stock company is ...
When we draw a market demand curve, we? ...
Which of the following is an advantage of localization of industry? ...