The power of indifference curve analysis is its ability to display how ________ changes affect ________ choices.
A) input; pricing
B) price; input
C) consumption; pricing
D) price; consumption
E) supply; consumption

Question

Quizplus · Accepted Answer

Indifference curve analysis helps to display how changes in price affect consumption choices by showing the different combinations of goods that give consumers the same level of satisfaction or utility. Therefore, the correct answer is D (price; consumption).

The Power of Indifference Curve Analysis Is Its Ability to Display