Economics 9708 · AS & A Level · Indifference curves and budget lines

Indifference curves and budget lines — practice question

The diagram shows various combinations of good X and good Y. A consumer likes having more of both goods rather than less, but would, whenever possible, avoid sacrificing any good Y in order to gain more good X. Which combination shown in the diagram could fit the consumer’s ranking of preferences from highest to lowest?

  • AUTVW
  • BUVTW
  • CTUVW
  • DWVUT

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