An Indifference Curve Shows

question 448

Multiple Choice

An indifference curve shows

• A) the relationship between prices and a household's budget.
• B) all possible prices and preferences for a good.
• C) combinations of goods among which a household is indifferent.
• D) budget lines among which a consumer is indifferent.

---

Definitions:

Disability

A condition, either physical or mental, that significantly restricts an individual's ability to perform certain tasks or activities considered normal for most people.

Culture-Fair Test

A type of intelligence test designed to be free from cultural bias, minimizing the impact of language, cultural background, and education on test performance.

General Reasoning Ability

The capacity to understand logical principles, solve problems, and make sense of complex information.

Stimulus Card

A card or visual aid used in psychological experiments or assessments to elicit responses from participants.