-The curve in the above figure shows alternative combinations of gasoline and coffee that Sam likes equally well. This curve is called
A) a budget line.
B) a demand curve.
C) a consumption curve.
D) an indifference curve.

Question

-The curve in the above figure shows alternative combinations of gasoline and coffee that Sam likes equally well. This curve is called
A) a budget line. 
B) a demand curve. 
C) a consumption curve. 
D) an indifference curve.

Quizplus · Accepted Answer

An indifference curve represents different combinations of two goods that provide the same level of satisfaction or utility to a consumer.

-The Curve in the Above Figure Shows Alternative Combinations of Gasoline