An indifference curve represent combination of two goods that a consumer _______,

can afford to buy

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desire to buy

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view as equally desirable

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view perfectly substitute of one another

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Solution

The correct option is C view as equally desirable
An indifference curve would show all the possible combination of two goods which give the consumer the same level of satisfaction. When the indifference curve expands or contracts the level of satisfaction the new indifference curve would be different from the previous one but the combination of the goods on the new indifference curve will also give the same level of satisfaction.

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A.	Various combinations of two commodities that a consumer can purchase	1.	Indifference map
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and

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are perfect substitutes. A consumer's indifference curve for these commodities is represented by a ______.

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