What do indifference curves graphically represent
A)an income level sufficient to make an individual happy
B)the constraints faced by individuals
C)an individual's preferences
D)the relative price of commodities

Question

Quizplus · Accepted Answer

Indifference curves represent an individual's preferences by showing the different combinations of two goods that provide equal levels of satisfaction or utility to the individual. Indifference curves cannot represent income level, constraints or relative price of commodities.

What Do Indifference Curves Graphically Represent