An Indifference Curve Shows

question 157

Multiple Choice

An indifference curve shows

• A) utility maximizing levels of consumption.
• B) preferred combinations of goods.
• C) a diminishing marginal rate of substitution as more of both goods are consumed.
• D) combinations of goods among which a person is indifferent.
• E) an increasing marginal rate of substitution for a good as more of it is consumed.

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