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CAIE A-Level Economics A2 7.2.4 Limits of Indifference Curve Model Questions

Practise evaluating rationality, preferences, income and other assumptions behind indifference curve theory using CAIE Economics A2 questions.

Syllabus
2026–2028
Course
Economics 9708
Level
A2

Exam points

  • Evaluate the assumptions and practical limitations of indifference curve theory in explaining consumer behaviour.

CAIE A-Level Economics A2 7.2.4 Limits of Indifference Curve Model Questions question 1

[Maximum number: 1]

Which assumption in relation to an indifference theory diagram is not correct?

A

The consumer's income may change.

B

The consumer may change their satisfaction-maximising objective.

C

The consumers may change their tastes and preferences.

D

The relative prices of products may change.

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