Answer:
3. combinations of two products yielding the same total utility to a consumer.
Explanation:
Indifference curve is an economic tool which establishes a relation between the quantity of two different products when combined together providing the satisfactory utility to the consumer.
This combination basically describes the quality and quantity combination of two products.
The correct option is therefore, statement 3.
This clearly demonstrates the definition as given above, providing utility o the consumer.
