An Indifference Curve Is a Line That Shows

question 86

Multiple Choice

An indifference curve is a line that shows

• A) what the consumer can afford to buy.
• B) how the quantity demanded of a good changes as its price changes.
• C) combinations of goods among which the consumer is indifferent.
• D) combinations of goods that have the same marginal rate of substitution.
• E) combinations of goods that are affordable.

---

Definitions:

False Testimony

Giving deliberately untrue statements or evidence in a legal proceeding, typically under oath.

Utilitarianism

A moral philosophy that emphasizes the greatest good for the greatest number, assessing actions based on their outcomes or consequences.

Real World

A term referring to the tangible, everyday reality in which human beings live and interact, as opposed to theoretical constructs or fictional worlds.

Consequentialism

An ethical theory that judges the rightness or wrongness of an action based on the outcomes or consequences it produces.