The Table Below Shows the Total Utility Associated with Various

question 57

Multiple Choice

The table below shows the total utility associated with various units of goods X and Y.Table 7.5

-An indifference map shows _____.

• A)all combinations of two goods that a consumer can afford to purchase
• B)all combinations of two goods that provide the same level of utility
• C)a set of indifference curves for a representative consumer
• D)all combinations of price and quantity that provide the same level of utility
• E)the combination of goods that a consumer can afford to buy