Refer to Figure 3.1.3 above. The way in which the indifference curves are drawn in this figure:

A) represents a unique case in which two different indifference curves offer the same level of utility.
B) compares three market baskets that yield the same level of utility.
C) violates the principle of transitivity in the model of consumer behavior.
D) represents the usual way in which indifference curves appear on an indifference map.

Indifference Curves

Graphical representations used in economics to show different combinations of goods or services between which a consumer is indifferent.

Utility

Represents the satisfaction or benefit a consumer receives from consuming a product or service.

Transitivity

In decision theory and economics, transitivity refers to the logical consistency in preference ordering such that if Option A is preferred over B, and B over C, then A should be preferred over C.