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

Indifference curves and budget lines — practice question

The diagram presents a budget line showing the various combinations of good Y and good X that a consumer can afford with a fixed income. The combinations represented by points S and T are both on the same normal indifference curve. Which statement is logically correct?

  • AThe consumer is indifferent between combinations W, S and T.
  • BThe consumer prefers combination T to combination W.
  • CThe consumer prefers combination W to combination S.
  • DThe consumer prefers combination Z to combination T.

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