A consumer is said to be indifferent between two consumption bundles
A)when the consumption bundles contain normal goods.
B)when the consumer doesn't care about his or her consumption bundle.
C)when the two bundles provide equal amounts of utility.
D)when the consumer is indecisive.
E)when the consumer chooses the bundles equally often.

Question

Quizplus · Accepted Answer

Indifference between two consumption bundles means that the consumer derives the same level of satisfaction from both bundles, which implies that both bundles provide equal amounts of utility. This is independent of the nature of goods being consumed and the consumer's decision-making behavior.

A Consumer Is Said to Be Indifferent Between Two Consumption