Indifference curve shows combinations of ________ commodities giving same level of satisfaction.

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Solution

The correct option is B 2
An indifference curve shows an individual's preference between two goods. Each displayed on each axis, that is the x-axis and the y-axis. This also tells us that the indifference curve analysis is only a two dimensional analysis, which represents equal satisfaction of the consumer with different combination of the two goods.

Suggest Corrections

A.	Various combinations of two commodities that a consumer can purchase	1.	Indifference map
B.	Various combinations of two commodities that give consumer equal satisfaction	2.	Indifference curve
C.	A set of indifference curves	3.	Budget line
D.	Point of agency of a budget line and an indifference curve	4.	Consumer's equilibrium