Indifference curves illustrate

A) a firm's profits.
B) a consumer's budget.
C) a consumer's preferences.
D) the prices of two goods.

Indifference Curves

Graphical representations in microeconomics showing different bundles of goods between which a consumer is indifferent.

Consumer's Preferences

The subjective tastes and desires that guide consumer behavior in choosing among various goods and services.

Prices

The price projected, required, or paid in return for a particular item.