If two combinations of goods X and Y give a consumer equal satisfaction, then these two combinations must both be on the same
A)budget line.
B)indifference curve.
C)demand curve.
D)supply curve.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of goods that provide a consumer with the same level of satisfaction. Therefore, if two combinations of goods X and Y give equal satisfaction, they must lie on the same indifference curve.

If Two Combinations of Goods X and Y Give a Consumer