The diagram shows a budget line indicating combinations of good Y and good X that a consumer could buy with a given income. The combinations shown by points S and T both lie on the same normal indifference curve.
- 4good Y Z S W T O good X Which statement is logically correct? A The consumer is indifferent between combinations W, S and T. B The consumer prefers combination T to combination W. C The consumer prefers combination W to combination S. D The consumer prefers combination Z to combination T.[1]
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Mark scheme
Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.
- [1] C
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