Each point along an indifference curve indicates a combination at which a consumer does not have a preference.Two divergent indifference curves can produce at least two points where there are distinct preferences.Therefore,indifference curves CANNOT
A) trend toward zero.
B) bisect either axes.
C) be parallel to one another.
D) trend toward infinity.
E) intersect one another.

Question

Quizplus · Accepted Answer

Indifference curves cannot intersect one another because each point on the indifference curve represents a combination of two goods that gives the same level of satisfaction/happiness to the consumer. As such, if two indifference curves intersect, it would mean that a single point is giving two different levels of satisfaction to the consumer, which is not possible.

Each Point Along an Indifference Curve Indicates a Combination at Which