A consumer's indifference curve shows:
A) all the commodity bundles a consumer can afford.
B) only commodity bundles that maximize utility.
C) the equilibrium commodity bundles.
D) various combinations of goods that yield the same level of total utility to this consumer.

Question

Quizplus · Accepted Answer

Indifference curves show the various combinations of goods that yield the same level of total utility to a consumer. This means that the consumer is indifferent between these combinations and is equally satisfied with any of them. Therefore, the best choice for the consumer depends on their individual preferences and budget constraints.

A Consumer's Indifference Curve Shows