Indifference curves illustrate
A)a firm's profits.
B)a consumer's budget.
C)a consumer's preferences.
D)the prices of two goods.

Question

Quizplus · Accepted Answer

Indifference curves are graphical representations used in microeconomics to illustrate a consumer's preferences for different combinations of two goods, showing combinations that provide the same level of satisfaction or utility to the consumer.

Indifference Curves Illustrate