An indifference curve shows
A)the bundles of two goods that give an individual equal total utility.
B)two bundles of two goods each where one bundle gives greater utility to an individual than the other bundle.
C)two bundles of two goods each where one bundle is preferred to the other.
D)the bundles of two goods that give an individual equal marginal utility.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of two goods that provide a consumer with the same level of satisfaction or utility, hence showing the bundles of two goods that give an individual equal total utility.

An Indifference Curve Shows