An indifference curve shows the
A)Maximum utility that can be achieved for a given consumer budget.
B)Maximum utility that can be achieved for different amounts of a good.
C)Combinations of goods giving equal utility to a consumer.

Question

Quizplus · Accepted Answer

An indifference curve shows the different combinations of goods that give a consumer equal levels of utility or satisfaction. Therefore, the best choice(s) for the consumer would be any combination of goods that lie on the same indifference curve, as they would provide equal utility.

An Indifference Curve Shows the