The Statement that any point on the lowest indifference curve
is preferable to a point on a higher indifference curve is
false.
We know that, an Indifference curve refers to a curve which
represents a combination of two goods that provide consumers with
equal level of satisfaction or provides equal utility.
Any point on the higher indifference curve is preferable to a
point on a lower Indifference curve because each point on the
higher Indifference curve provides consumer's with higher and equal
utility or satisfaction than the points on a lower Indifference
curve.