Pakistan's best MCQs practice hub — FPSC · PPSC · CSS · NTS · Other Exams
Login

An indifference curve represents all combinations of two goods that yield the consumer:

AMaximum profit
BEqual utility or satisfaction
CEqual total expenditure
DMinimum marginal cost

Explanation

An indifference curve connects consumption bundles that provide equal levels of overall satisfaction.

Submitted by: mcqstutor Team More Economics MCQs →

No Comments

Leave a comment

Your email address will not be published. Required fields are marked *