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

Indifference curves and budget lines — practice question

Which assumption about an indifference theory diagram is not correct?

  • AThe consumer’s income may change.
  • BThe consumer may change their satisfaction-maximising objective.
  • CThe consumers may change their tastes and preferences.
  • DThe relative prices of products may change.

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