A topographical map shows successively higher equal-elevation lines, whereas an indifference map shows successively higher levels of total
A)utility.
B)revenue.
C)profit.
D)cost.

Question

Quizplus · Accepted Answer

An indifference map is used in microeconomics to illustrate different combinations of goods or services between which a consumer is indifferent, meaning the consumer has no preference among them because they all provide the same level of utility or satisfaction. Thus, each curve on an indifference map, known as an indifference curve, represents a series of combinations that yield the same level of utility, with successively higher curves indicating higher levels of total utility.

A Topographical Map Shows Successively Higher Equal-Elevation Lines, Whereas an Indifference