1 of 2 Question A6 Consumption later (5) a Julia indifference curve thigher way Julia's difference curve 0 b b b" 0 < Co
Posted: Thu May 19, 2022 7:25 am
- 1 Of 2 Question A6 Consumption Later 5 A Julia Indifference Curve Thigher Way Julia S Difference Curve 0 B B B 0 Co 1 (41.26 KiB) Viewed 49 times
- 1 Of 2 Question A6 Consumption Later 5 A Julia Indifference Curve Thigher Way Julia S Difference Curve 0 B B B 0 Co 2 (18.88 KiB) Viewed 49 times
The figure depicts Julia' indifference curves for consumption in periods 1 (now) and 2 (ter). Based on this information, which of the following statements is correct? А The slope of the indifference curve in the marginal rate of substitution between the consumption in the two periods B The slope of the indifference curve is the marginal rate of transformation between the consumption in the two periods с Tho marginal return to consumption in period 1 is higher at Ethan at D Jula's consumption in more equal (more 'moothad') at than at E. Therefore she preters consumption choice to E. IT Consuming oxactly the same amount in the two periods is Julia's most preferred choice.