Advertisements
Advertisements
Question
An indifference curve shows ______.
Options
Different combinations of goods giving the same satisfaction
The price of goods
How much money is spent
Only one good being chosen
MCQ
Fill in the Blanks
Advertisements
Solution
An indifference curve shows different combinations of goods giving the same satisfaction.
Explanation:
Each point on an indifference curve means the consumer is equally satisfied with the combination.
shaalaa.com
Is there an error in this question or solution?
