One advantage of indifference curve analysis over marginal utility analysis is that indifference curves
A) are less subjective.
B) do not require utility measurement.
C) are less dependent on mathematical reasoning.
D) are convex to the origin.

Question

Quizplus · Accepted Answer

Indifference curve analysis does not require the measurement of utility in numerical terms, unlike marginal utility analysis which relies on quantifying utility. This makes indifference curve analysis more practical for analyzing consumer preferences without needing to assign specific utility values.

One Advantage of Indifference Curve Analysis Over Marginal Utility Analysis