Practice mode Consumer Theory vs. Real Consumers

Which statement about the result of a consumer’s optimisation process is NOT true?

Correct answer A. The consumer is indifferent between any two points on his budget constraint

Explanation

Different points on a budget line usually lie on different indifference curves, so the consumer strictly prefers the tangency point. Indifference applies along an indifference curve, not along the budget line.

Report a problem

Answer checked 11 October 2026 How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Which statement about the result of a consumer’s optimisation process is NOT true?

Discussion

Have a question about this answer? Cancel reply

Which statement about the result of a consumer’s optimisation process is NOT true?

More Consumer Theory vs. Real Consumers questions

What is the slope at any point on an indifference curve called?

At what point does a consumer make the optimal purchase of any two goods?

With good X on the horizontal axis and good Y on the vertical axis, indifference curves are bowed inward. Moving from a bundle with plenty of X to one with plenty of Y, what happens to the marginal rate of substitution of Y for X (the slope of the indifference curve)?

If a rise in a consumer’s income leads her to buy less of a good, what kind of good is it?

Discussion

Have a question about this answer? Cancel reply