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Which indifference curves violate the assumption of monotonicity? U3 only. U1 and U3. U1, U3 and U4. U1 only.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter3: Preferences And Utility

Section: Chapter Questions

Problem 3.1P

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Question

Hello, I am having issues solving this practice problem.

Consider the following indifference curves.
レ
U1
U3
U4
U2
Which indifference curves violate the assumption of monotonicity?

Which indifference curves violate the assumption of monotonicity?
U3 only.
U1 and U3.
U1, U3 and U4.
U1 only.

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