Question

In the following Question, read the following statement: Assertion (A) and Reason (R). Choose the correct alternative among those given below:

Assertion (A): Only one Indifference Curve passes through a particular point on an indifference map.

Reason (R): Indifference Curves can never intersect each other.

Options

• Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).

• Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).

• Assertion (A) is True but Reason (R) is False.

• Assertion (A) is False but Reason (R) is True.

Answer 1

Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).

Explanation:

Both statements are true. If two indifference curves passed through the same point, they would intersect; that would imply inconsistent satisfaction levels for the same bundle. Since indifference curves cannot intersect, only one can pass through a particular point, so (a) is correct.