A graph that shows all the equally preferred combinations of two goods is called a(n)
A) demand curve
B) supply curve
C) consumer surplus curve
D) equalization curve
E) indifference curve

Question

Quizplus · Accepted Answer

An indifference curve represents a graph showing combination of two goods that give the consumer equal satisfaction and utility, thereby indicating the consumer's preferences.

A Graph That Shows All the Equally Preferred Combinations of Two