A consumer is said to be indifferent between two consumption bundles
A) when the consumer doesn't care about his or her consumption bundle.
B) when the two bundles provide equal amounts of utility.
C) when the consumer chooses the bundles equally often.
D) when the consumer is indecisive.
E) when the consumption bundles contain normal goods.

Question

Quizplus · Accepted Answer

When a consumer is indifferent between two bundles, it means that the consumer derives the same level of satisfaction or utility from both. This implies that the consumer does not prefer one bundle to the other and is therefore willing to consume either bundle with equal satisfaction. Hence, the two bundles provide equal amounts of utility.

A Consumer Is Said to Be Indifferent Between Two Consumption