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Colette Consumes Goods X and Y

Question 33

Multiple Choice

Colette consumes goods x and y. Her indifference curves are described by the formula Colette consumes goods x and y. Her indifference curves are described by the formula . Higher values of k correspond to better indifference curves. A) Colette likes good y and hates good x. B) Colette prefers bundle (12, 16) to bundle (16, 12) . C) Colette prefers bundle (8, 5) to bundle (5, 8) . D) Colette likes good x and hates good y. E) More than one of the above statements are true. . Higher values of k correspond to better indifference curves.


A) Colette likes good y and hates good x.
B) Colette prefers bundle (12, 16) to bundle (16, 12) .
C) Colette prefers bundle (8, 5) to bundle (5, 8) .
D) Colette likes good x and hates good y.
E) More than one of the above statements are true.

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