An Indifference Curve Shows

question 18

Multiple Choice

An indifference curve shows

• A) different combinations of two goods among which the consumer is indifferent.
• B) consumption possibilities that a consumer faces at different prices and income.
• C) affordable combinations of goods.
• D) the opportunity cost of one good relative to another.

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Definitions:

Contra-

A prefix meaning against, opposite or contrasting.

Endo-

A prefix meaning within or inside, used in medical and scientific terms to denote inner structures or conditions.

Inter-

A prefix meaning 'between' or 'among'.

Ex-

A prefix often denoting out of, from, or not having something.