Question : A difference curve measures _______ level of satisfaction derived from different combinations of commodities X and Y.
Option 1: same
Option 2: higher
Option 3: lower
Option 4: minimum
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Correct Answer: same
Solution : The correct answer is the same .
An indifference curve evaluates the same amount of enjoyment gained from different commodity X and Y pairings. In other words, it depicts the combinations of products X and Y that offer a similar amount of satisfaction or utility to the customer, and the consumer is unconcerned about any points on the same curve since they provide the same level of satisfaction.
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