Figure#4DonutsA.Indifference Curve 3Indifference Curve 2Indifference Curve 1CakeRefer to Figure#4 Which of the following statements is true for a consumer who moves from point A to point D?The consumer is definitely worse offO It is difficult to compare the level of consumer satisfaction between points D and AThe consumer is indifferent between point A and point DThe consumer is likely to place a higher relative value on donuts at point A than at point D

The above graph shows the different indifference curves. Indifference curves is the locus of…

Refer to Figure#4 Which of the following statements is true for a consumer who moves from point A to point D? The consumer is definitely worse off It is difficult to compare the level of consumer satisfaction between points D and A The consumer is indifferent between point A and point D The consumer is likely to place a higher relative value on donuts at point A than at point D