Consider the following graph of a two-commodity consumption…
Consider the following graph of a two-commodity consumption space. There is a grid that specifies a set of bundles A,B,…,H,I. Additionally, there is a set of indifference curves that are thin downward slopping curves that do not cross. Suppose now that there is an arrow pointing to the NE showing the direction in which the agent is better off. Can you tell from the graph that preferences violate more is better?