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4/11/20

[Answer] What is an indifference curve? A) It is a curve that shows the total utility and the marginal utility derived from consuming a bundle of goods. B) It is a curve that shows the combinations of consumption bundles that gives the consumer the same utility.

Answer: B




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What is an indifference curve? A) It is a curve that shows the total utility and the marginal utility derived from consuming a bundle of goods. B) It is a curve that shows the combinations of consumption bundles that gives the consumer the same utility. What is an indifference curve? A) It is a curve that shows the total utility and the marginal utility derived from consuming a bundle of goods. B) It is a curve that shows the combinations of consumption bundles that gives the consumer the same utility . 40 What is an indifference curve? A) It is a curve that shows the total utility and the marginal utility derived from consuming a bundle of goods. B) It is a curve that shows the combinations of consumption bundles that gives the consumer the same utility . C) It is a curve that shows ranks a consumer s preference for various consumption bundles . 10) What is an indifference curve? A) It is a curve that shows the total utility and the marginal utility derived from consuming a bundle of goods. B) It is a curve that shows the combinations of consumption bundles that gives the consumer the same utility . In economics an indifference curve connects points on a graph representing different quantities of two goods points between which a consumer is indifferent.That is any combinations of two products indicated by the curve will provide the consumer with equal levels of utility and the consumer has no preference for one combination or bundle of goods over a different combination on the same curve . If a consumer r...

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