Type: G Topic: 8 E: 389 MI: 145
153. Refer to the above diagram in which the downsloping linear lines are budget lines and I1, I 2, and I3 comprise an indifference map. With respect to points 2, 3, and 4, we can say that:
A) point 4 entails more utility than 3, but less than 2.
B) point 4 entails more utility than 2, but less than 3.
C) point 4 yields more utility than either 2 or 3.
D) the levels of utility associated with these three points cannot be compared.