An Indifference Curve Shows
An indifference curve helps to represent a consumers preferences while a budget line helps to represent a consumers budget. A all combinations of two inputs that will produce the same amount of output. Pin On Nissan We can have a family of indifference curves. . Indifference Curve Shows all combinations of goods that provide the consumer with the same satisfaction or the same utility. Provide the consumer with the same level of satisfaction. An indifference curve shows. Indifference Curve In fig X-axis shows the quantity of rice and Y-axis shows the quantity of wheat. The most common difference curves are used for complementary and substitute. Question 4 An indifference curve shows _____. A graph showing a combination of two goods that give a consumer equal utility and satisfaction is known as an indifference curve. The points A B C and D on the IC curve indicate. The consumer would choose at different lev...