An indifference curve shows all
A)possible equilibrium positions on an indifference map.
B)equilibrium combinations of two products that are obtainable with a given money income.
C)combinations of two products yielding the same total utility to a consumer.
D)possible combinations of two products that a consumer can purchase, given her income and the prices of the products.

Question

Quizplus · Accepted Answer

An indifference curve represents all the combinations of two goods or services that provide the same level of satisfaction or utility to a consumer, hence showing points of equal utility.

An Indifference Curve Shows All