4. The consumer is indifferent between Point X and Point U. (True/False)

1. The consumer would prefer Point Z to Point X. (True/False)

7. The MRS at Point X is equal to 2. (True/False)

5. The consumer spends all their income at Points S, X and V, therefore any one of these points is their equilibrium solution. (True/False)

10. At Point V the marginal utility of the last dollar spent on skiing is greater than the marginal utility of the last dollar spent on horseback riding. (True/False)

8. At Point X the marginal utility of the last dollar spent on skiing equals the marginal utility of the last dollar spend on horseback riding. (True/False)

3. The consumer is indifferent between Point S and Point T. (True/False)

9. At Point S the marginal utility of the last dollar spent on skiing is greater than the marginal utility of the last dollar spent on horseback riding. (True/False)

6. Since Points X and Y are both on Curve A, the consumer can chose either point as their equilibrium. (True/False)

2. The consumer would prefer Point T to Point U. (True/False)