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

Question

Quizplus · Accepted Answer

If two combinations provide the same level of satisfaction, they must lie on the same indifference curve, representing the same level of utility. Therefore, option C is correct. A and B are incorrect because they refer to different concepts - price line and budget constraint, respectively. D is incorrect because if two combinations lie on different indifference curves, they must provide different levels of satisfaction.

Assume That Two Combinations of Two Goods Yield the Same