A curve that shows combinations of consumption bundles that give a consumer the same utility is called
A)a utility curve.
B)an indifference curve.
C)a preference curve.
D)a demand curve.

Question

Quizplus · Accepted Answer

An indifference curve shows combinations of consumption bundles that give a consumer the same level of satisfaction or utility. Thus, option B is the correct answer. Option A is incorrect as it merely refers to utility without specifying the relationship between consumption bundles. Option C is also incorrect as preference curve is not a commonly used term in economics. Option D is incorrect as a demand curve shows the quantity of a good that a consumer is willing and able to buy at various prices, not the combinations that give the same level of satisfaction.

A Curve That Shows Combinations of Consumption Bundles That Give