In terms of indifference curves,an increase in total utility is represented by a _____ indifference curve.
A)shift to the right to a higher
B)shift to the left to a lower
C)movement upward along an
D)movement downward along an

Question

Quizplus · Accepted Answer

An increase in total utility means that the consumer is experiencing more satisfaction, which can be represented by moving to a higher indifference curve. This indicates that the consumer is willing to give up more of one good in exchange for more of another good, as they now value both goods more highly.

In Terms of Indifference Curves,an Increase in Total Utility Is