Mike derives satisfaction from two attributes of rock bands: (1) the quality of guitar solos and (2) the quality of on-stage performance of the lead singe
Mike derives satisfaction from two attributes of rock bands: (1) the quality of guitar solos and (2) the quality of on-stage performance of the lead singer. More of each attribute is always strictly preferred to less. We know that the bands “Newsted” and “Metallica” are on the same indifference curve for Mike. If “Newsted” has a lower quality of guitar solos than “Metallica,” then
Question 2 options:
A)
Mike’s preferences have a bliss point.
B)
For Mike, the quality of guitar solos and the quality of on-stage performance of the lead singer are perfect complements.
C)
“Newsted” has a better on-stage performance of the lead singer than “Metallica”.
D)
Mike likes “Metallica” more than “Newsted.”
E)
There is not enough information to compare “Metallica” and “Newsted.”
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