An indifference curve shows
A)the maximum combinations of two products that a consumer can afford to buy, given prices and the consumer's income.
B)the quantities of two products a consumer is willing to buy at different income levels.
C)all combinations of two products from which the consumer derives a specific level of total utility.
D)combinations of two products that yield the same marginal utilities.

Question

Quizplus · Accepted Answer

Indifference curves represent all combinations of two products that provide a consumer with the same level of satisfaction or utility, indicating the consumer's preferences regardless of income or product prices.

An Indifference Curve Shows