Indifference curves
A) represent a set of product bundles to which a consumer is indifferent.
B) are concave to the origin.
C) slope up and to the right.
D) show the difference between the marginal utilities of two different goods.

Question

Quizplus · Accepted Answer

Indifference curves represent combinations of two goods or services that give a consumer the same level of satisfaction, indicating the consumer is indifferent among them.

Indifference Curves