As a consumer moves from one point to another along an indifference curve, which
ID: 1136518 • Letter: A
Question
As a consumer moves from one point to another along an indifference curve, which of the following is assumed to stay constant?A. Income or budget B. Prices of the two goods C. Total satisfaction from the two goods D. Marginal utility of the two goods As a consumer moves from one point to another along an indifference curve, which of the following is assumed to stay constant?
A. Income or budget B. Prices of the two goods C. Total satisfaction from the two goods D. Marginal utility of the two goods
A. Income or budget B. Prices of the two goods C. Total satisfaction from the two goods D. Marginal utility of the two goods
Explanation / Answer
Answer(C):: total satisfaction from two goods.
if a consumer move from one to another point .This must be the sAme level of satisfaction....