More than Two Goods Homework Help

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More than two goods:
An indifference curve can be defined as a cluster of various combinations of goods which bring out the same level of satisfaction (also known as utility), so that the consumer is indifferent to any combination he consumes. In simple words, he does not do any sort of partiality among both the goods. But, if a consumer prefers more than two product goods, then the consumer has to make a choice of the best good out of all the goods present.

The consumer therefore, will not get the same level of satisfaction also called  utility,  from all the goods as he used to have in case of two goods. This change in utility will also bring change to the graphical representation or an indifference map and will differ from the indifference curve in case of two goods as the higher the indifference curve is, the greater amount of satisfaction is attained.

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