An indifference curve shows
A) the combinations of goods that a consumer does not like very much.
B) the combinations of goods that generate the same ratio of marginal utilities.
C) the set of consumption alternatives that yield the same amount of total utility.
D) the set of consumption alternatives that yield the same amount of marginal utility.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of goods that provide a consumer with the same level of satisfaction or utility, hence showing the trade-offs a consumer is willing to make between different goods while maintaining the same level of overall happiness or utility.

An Indifference Curve Shows