The two constraints on consumer choice
The two constraints on consumer choice
An indifference curve joins every combination of two goods that gives a consumer the same total satisfaction. The consumer is indifferent between the bundles on the same curve because each bundle is equally preferred.
Step-by-step lessons on CIE Intl A Level Economics 7.2.1 meaning of an indifference curve and a budget line. Each one builds up to exam-style questions.