An indifference curve is a line that shows
A) combinations of goods among which a consumer is indifferent.
B) different combinations of goods a consumer is able to buy.
C) the indifference of consumers for the budget constraint.
D) Both answers B and C are correct.
E) Both answers A and C are correct.

Question

Quizplus · Accepted Answer

An indifference curve represents combinations of goods among which a consumer is indifferent, meaning they derive the same level of utility or satisfaction from each combination.

An Indifference Curve Is a Line That Shows