JAMB - Economics (2024 - No. 39)
When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as
opportunity curve
utility curve
demand curve
indifference curve
설명
An indifference curve represents different combinations of two goods that yield the same level of utility or satisfaction for an individual consumer. It signifies that the consumer is indifferent or equally satisfied with any point along the
curve.
curve.