Refer to the diagram in which the downsloping lines are budget lines and I 1 , I 2 , and I 3 comprise an indifference map. The combinations of products M and N indicated by points 1, 2, and 5 are such that:
A. point 2 yields more utility than either 1 or 5.
B. points 1 and 5 yield more utility than point 2.
C. points 1, 2, and 5 yield equal amounts of utility.
D. the levels of utility associated with these three points cannot be compared.
C. points 1, 2, and 5 yield equal amounts of utility.
Economics
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