Refer to the Above Diagrams That Show Identical Marginal Utility

question 140

Multiple Choice

Refer to the above diagrams that show identical marginal utility from income curves for Singer and Catalano.The marginal utility from income curves are drawn on the assumption that:

• A) Singer buys more inferior goods than does Catalano.
• B) Singer and Catalano have identical capacities to enjoy income.
• C) Catalano has a greater capacity to enjoy income than does Singer.
• D) Singer has a greater capacity to enjoy income than does Catalano.