Assume that two combinations of two goods yield the same level of satisfaction.We can conclude that these combinations are always on:
A)the same price line.
B)the same budget constraint.
C)the same indifference curve.
D)different indifference curves.

Question

Quizplus · Accepted Answer

Same level of satisfaction implies that the two combinations provide the same utility to the consumer. Thus, they must lie on the same indifference curve, which represents a constant level of utility.

Assume That Two Combinations of Two Goods Yield the Same