An indifference curve can be thought of as:
A)a consumer's constraint
B)an equal-utility curve
C)being the same thing as a consumer's demand curve
D)none of the above

Question

Quizplus · Accepted Answer

An indifference curve represents all combinations of two goods that provide the same level of utility or satisfaction to a consumer. It is not a constraint or a demand curve, but rather a graphical representation of a consumer's preferences. Therefore, the best choice is B, an equal-utility curve.

An Indifference Curve Can Be Thought of As