An indifference curve is related to:

consumer’s income

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prices of goods X and Y

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total utility from goods X and Y

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choice and preferences of the consumer

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Solution

The correct option is D choice and preferences of the consumer
An indifference curve is a locus of all such points, which show different combinations offering the same level of satisfaction to the consumer. It is always related to the choice and preference of the consumer.

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An indifference curve is related to:

The correct option is D choice and preferences of the consumerAn indifference curve is a locus of all such points, which show different combinations offering the same level of satisfaction to the consumer. It is always related to the choice and preference of the consumer.

The correct option is D choice and preferences of the consumer
An indifference curve is a locus of all such points, which show different combinations offering the same level of satisfaction to the consumer. It is always related to the choice and preference of the consumer.