Another name for an indifference curve is:
When Jane is asked to choose between a
pretty rock and a scissors, she picks the rock. When she
is asked to choose between the scissors and a ream of
paper, she picks the scissors. If Jane has consistent
preferences, what will she pick if she is asked to choose
between the pretty rock and the ream of paper?
She will choose the rock.
She will choose the paper.
She will be indifferent between
We cannot tell; it could be