Combinations of two goods that yield equal levels of utility are shown on a(n)_____ curve.
A)indifference
B)budget
C)marginal utility
D)utility-maximizing

Question

Quizplus · Accepted Answer

The indifference curve represents all the combinations of two goods that yield equal levels of utility for the consumer. Therefore, any combination of goods on the same indifference curve is equally preferred by the consumer.

Combinations of Two Goods That Yield Equal Levels of Utility