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Q48 As a consumer moves along an indifference curve, ... a. The combination of goods will vary, but the level of money income remains constant. b. The combination of goods will vary but the level of utility remains constant. c. The combination of goods and the consumer's income level will remain constant. d. The combination of goods the consumer prefers will remain constant, but the level of satisfaction will vary. e. His level of utility will vary as the combinations of goods varies.

Q48 As a consumer moves along an indifference curve, ... a. The combination of goods will vary, but the level of money income remains constant. b. The combination of goods will vary but the level of utility remains constant. c. The combination of goods and the consumer's income level will remain constant. d. The combination of goods the consumer prefers will remain constant, but the level of satisfaction will vary. e. His level of utility will vary as the combinations of goods varies.

Principles of Microeconomics
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
Problem 11PA
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Q48

As a consumer moves along an indifference curve, ...
a.
The combination of goods will vary, but the level of money income remains constant.
b.
The combination of goods will vary but the level of utility remains constant.
c.
The combination of goods and the consumer's income level will remain constant.
d.
The combination of goods the consumer prefers will remain constant, but the level of satisfaction will vary.
e.
His level of utility will vary as the combinations of goods varies.
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