If Two Consumption Bundles Lie on the Same Indifference Curve,then

question 49

Multiple Choice

If two consumption bundles lie on the same indifference curve,then:

• A) the consumer prefers the bundle that is farthest from the origin.
• B) the consumer does not prefer one bundle over the other.
• C) the consumer prefers the bundle that is farthest to the right on the indifference curve.
• D) the consumer prefers the bundle that is farthest to the left on the indifference curve.

---

Definitions:

Notes Payable

Written agreements where the borrower promises to pay back a specified sum of money plus interest to the lender at a future date.

Cash Flow

The total amount of money being transferred into and out of a business, affecting its liquidity and overall financial health.

Financing Activities

Actions leading to alterations in the size and composition of a company's equity capital or debt.

Cash Flow

The total amount of money being transferred into and out of a business, especially as affecting liquidity.