What is shown by the indifference map for two goods? Which indifference curve would a consumer want to be on?
Please provide the best answer for the statement.
An indifference map shows the set of indifference curves for the consumer. Each curve is convex to the origin and does not cross the other. Each indifference curve shows a level of utility. The farther an indifference curve is away from the origin, the higher the level of utility. The consumer will want to be on the indifference curve that is the one farthest from the origin.
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