Try another version of this question The graph below shows indifference curves for product X and Y.
Which indifference curve provides the highest level of happiness or satisfaction? Suppose that the consumer is spending all of her income and is consuming at point A.
What should the consumer do in order to maximize her happiness? If the consumer spends all her income and tries to maximize her utility, which utility curve will she end up on?
Box 1: Select the best answer Box 2: Select the best answer Box 3: Select the best answer