A consumer is equally happy at all points on any given indifference curve.

Question

Quizplus · Accepted Answer

An indifference curve represents all combinations of two goods that give a consumer the same level of satisfaction or utility. Therefore, the consumer is equally happy or satisfied at all points on the same indifference curve. However, the level of satisfaction may differ between different indifference curves since they represent different levels of utility.

A Consumer Is Equally Happy at All Points on Any