-The Indifference Curves in the Figure Above (I₁, I₂ and I₃)

question 105

Multiple Choice

-The indifference curves in the figure above (I₁, I₂ and I₃) reflect Peter's consumption preferences. If Peter consumes 24 slices of pizza and 24 chocolate bars per month, he is as satisfied as he would be consuming _______ slices of pizza and _______ chocolate bars per month.

• A) 32; 8
• B) 16; 16
• C) 40; 20
• D) 48; 12

---

Definitions:

Personality Traits

Enduring characteristics or qualities that form an individual's distinctive character and influence behaviors and responses to different situations.

Late Adulthood

A stage of human development that occurs from the mid-60s onward, characterized by changes in physical health, cognitive function, and social roles.

Change

the process or act of becoming different in some particular way, without permanently losing one's or its former characteristics or essence.

Financial Status

The current state of one's personal fiscal affairs, including income, debt, and assets.