Learn Before
Multiple Choice

Two individuals, Alex and Ben, face the exact same budget constraint for their daily choice between hours of free time (plotted on the horizontal axis) and consumption (plotted on the vertical axis). Both choose their optimal combination where their respective indifference curve is tangent to the budget line. At his optimal point, Alex's indifference curve is significantly flatter than Ben's at his optimal point. Based on this information, what can be inferred about their preferences?

0

1

Updated 2025-09-08

Contributors are:

Who are from:

Tags

Economics

Economy

The Economy 2.0 Microeconomics @ CORE Econ

CORE Econ

Social Science

Empirical Science

Science

Introduction to Microeconomics Course

Analysis in Bloom's Taxonomy

Cognitive Psychology

Psychology

Related