Indifference Curves and Preferences Why are averages preferred to extremes on the same indifference curve? Doesn't everything along an indifference curve have the same preference?
Why are averages preferred to extremes on the same indifference curve?


That is false. Whoever told you this is mistaken.

Or it could also be that you misheard/misread and are confusing this with the idea that the bundle of 100 apples + 100 oranges is (usually) preferred to the bundle of 200 apples or the bundle of 200 oranges.


  Doesn't everything along an indifference curve have the same preference?


Yes.