Question

Along the indifference curve A. total utility is constant. B. marginal utility is constant. C. total utility decreases at a decreasing rate. D. marginal utility falls.

Answer 1

Answer:

The correct option is A

Explanation:

The indifference curve is the curve which is stated on graph and states or shows the combination or union of two goods that provide or give the consumer equal amount of satisfaction as well as utility. Every point on the curve states that customer is indifferent among the two and all the points provide the same utility.

Total utility is defined as the aggregate satisfaction which the customer received from consuming the given aggregate utility of the good or service.

So, along the indifference curve, the total utility is also constant as both provide the same satisfaction to the customer.