As per Indifference Curve Analysis, to maximise his satisfaction, a Consumer will try to _____

Remain in the same IC

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Reduce to lower IC

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Reach the highest possible IC

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Reach the Origin point

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Solution

The correct option is C Reach the highest possible IC
Since a higher indifference curve represents a higher level of satisfaction, a consumer will try to reach the highest possible IC to maximize his satisfaction. In order to do so, he has to buy more goods and has to work under the following two constraints: He has to pay the price for the goods and.

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