A(n) curve that is farther from the origin is preferred to one that is closer to the origin.

The statement is referring to the concept of Indifference Curves in economics, specifically in the context of consumer theory.

Step 1: Understanding the concept of Indifference Curves Indifference curves are graphical representations that show combinations of goods or bundles that a consumer considers equally preferable. Each point on an indifference curve represents the same level of utility or satisfaction for the consumer.

Step 2: Understanding the position of Indifference Curves Indifference curves that are farther from the origin represent higher levels of utility. This is because they include combinations of goods that are larger in quantity.

Step 3: Interpreting the statement So, when the statement says "A curve that is farther from the origin is preferred to one that is closer to the origin", it means that a consumer would prefer to consume more goods (represented by the curve farther from the origin) as it provides them with a higher level of utility or satisfaction.