An indifference curve plotted for two different goods on the axes

Question

Accepted Answer

shows all combinations of the two goods that give the same level of utility.

Answer

shifts when real income changes.

Answer

changes its slope as the relative prices of the two goods change.

Answer

shows the combinations of the two goods that will just use up a consumer's income.

Answer

shows the different combinations of two goods that the same income can purchase.

Crowdly