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kaykay41 kaykay41
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A year ago
As a consumer moves along an indifference curve,

▸ the combination of goods will vary, but the level of money income remains constant.

▸ the combination of goods the consumer prefers will remain constant, but the level of satisfaction will vary.

▸ the combination of goods will vary but the level of utility remains constant.

▸ the combination of goods and the consumer's income level will remain constant.

▸ his level of utility will vary as the combinations of goods varies.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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rotatorrorotatorro
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A year ago
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kaykay41 Author
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this is exactly what I needed
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Just got PERFECT on my quiz
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