Graph the Ordered Pair

question 92

Multiple Choice

Graph the ordered pair.

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Definitions:

Indifference Curves

A graphical representation showing combinations of goods or services among which a consumer is indifferent, depicting equal levels of satisfaction.

Preferences

An indication of the comparative liking, desires, or tastes of consumers for one good or service over another.

Parallel

In mathematics and computing, it refers to lines that remain the same distance apart and never meet, or processes occurring simultaneously.

Transitive Preferences

A condition in decision-making where if an individual prefers option A over B, and B over C, then they must also prefer A over C.