An indifference curve is
A)the boundary between what can be produced and what cannot be produced.
B)the boundary between what a consumer can afford and what he cannot afford.
C)a line that shows combinations of goods among which a consumer is indifferent.
D)the boundary between normal goods and inferior goods.
E)a line with a positive slope.

Question

Quizplus · Accepted Answer

An indifference curve shows the various combinations of two goods that provide the same level of satisfaction to a consumer. Therefore, a consumer is indifferent among all the points on the same indifference curve.

An Indifference Curve Is