The indifference map
A) shows that the consumer is indifferent among all consumption bundles.
B) is an individual indifference curve.
C) captures the same information as the utility function.
D) is impossible to derive from the utility function.

Question

Quizplus · Accepted Answer

An indifference map consists of multiple indifference curves, each representing different levels of utility, and it captures the same information as the utility function by illustrating consumer preferences.

The Indifference Map