As a consumer moves away from the origin onto higher indifference curves, what happens? O A. The consumer reaches more preferred combinations of goods. B. The consumer reaches more affordable combinations of goods. C. Nothing D. The consumer reaches less preferred combinations of goods. E. None of the above because it is impossible to move from one indifference curve to another.

Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
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As a consumer moves away from the origin onto higher indifference curves, what happens?
O A. The consumer reaches more preferred combinations of goods.
B. The consumer reaches more affordable combinations of goods.
C. Nothing
D. The consumer reaches less preferred combinations of goods.
E. None of the above because it is impossible to move from one indifference curve to another.
Transcribed Image Text:As a consumer moves away from the origin onto higher indifference curves, what happens? O A. The consumer reaches more preferred combinations of goods. B. The consumer reaches more affordable combinations of goods. C. Nothing D. The consumer reaches less preferred combinations of goods. E. None of the above because it is impossible to move from one indifference curve to another.
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