Figure 21-7 the Following Graph Shows Three Possible Indifference Curves (I) for (I)

question 1

Multiple Choice

Figure 21-7
The following graph shows three possible indifference curves (I) for a consumer. ​
-Refer to Figure 21-7. Which of the following statements is correct?

• A)Bundle D contains more scones than bundle C.
• B)Bundle C provides the same utility as bundle D.
• C)Bundle B provides the same utility as bundle A.
• D)The bundles along I₂ are preferred to those along I₃.

---

Definitions:

Logical Incrementalism

A business strategy approach that involves making small, deliberate steps or changes rather than large, comprehensive shifts, to gradually improve or adapt.

General Acceptance

The widespread agreement or approval by a majority within a particular group or society.

Poorly Defined

Lacking clear boundaries, descriptions, or criteria, making understanding or interpretation difficult.

Resist Change

The resistance to alter existing processes, habits, or conditions despite potential benefits or pressures.