Since indifference curves depend on the _____ for individuals,this means that two consumers with the same income _____.
A)utility function;must consume different amounts of the two goods
B)utility function;may consume different amounts of the two goods
C)optimal utility rule;must consume different amounts of the two goods
D)marginal utility function;have the same marginal utility for two goods.

Question

Quizplus · Accepted Answer

Indifference curves depend on an individual's utility function, which can differ between individuals even with the same income. Therefore, two consumers with the same income may consume different amounts of the two goods and still reach the same level of utility.

Since Indifference Curves Depend on the _____ for Individuals,this Means