Card 4 / 15: An 'Indifference curve' shows the combination of commodities that
A)
can be produced with a given set of resources and technology.
B)
yield the same total of utility
C)
can be purchased with a given budget at given prices
D)
equate the marginal utilities of these goods and, therefore, make the consumer indifferent between them
Answer:
B) yield the same total of utility
Previous Card | ← Previous Card Button |
Next Card | → Next Card Button |
Flip Card | Space-Bar |
|