All of the possible combinations of two goods that lie on one indifference curve
A)Give the consumer the highest possible utility.
B)Yield the same level of utility.
C)Are affordable.
D)Yield the same level of marginal utility.

Question

Quizplus · Accepted Answer

Since all of the possible combinations lie on one indifference curve, they provide the same level of utility to the consumer. Therefore, the best choice is any combination that is affordable and provides the desired level of satisfaction to the consumer.

All of the Possible Combinations of Two Goods That Lie