Indifference curve involving two goods identifies

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Reference no: EM131086076

An indifference curve involving two goods identifies the:

1. utility maximizing bundles of the two goods associated with a consumers utility function

2. equilibrium combination of the two goods that can be purchased with a given income

3. bundles of the two goods that yield the same level of utility

4. possible combinations of the two goods that a

Reference no: EM131086076

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