Combinations of goods along an indifference curve reflect a level of utility that is
A)constant and measured by a specific number
B)variable along the curve and measured by specific numbers
C)variable along the curve, though unspecified
D)constant, though unspecified
E)inelastic above the midpoint and elastic below the midpoint

Question

Quizplus · Accepted Answer

An indifference curve represents combinations of goods that provide the same level of utility, which is constant but not quantified by specific numbers.

Combinations of Goods Along an Indifference Curve Reflect a Level