Saved Bookmarks
| 1. |
What is Indifference Curve? Satethree properties of indifferentcurves. |
|
Answer» TheIndifference Curveshows the different combinations of two goods that give equal satisfaction and utility to the consumers. In other words, the indifference curve is the graphical representation of different combinations of goods (generally two), for which the consumers are indifferent, in terms of the overall satisfaction and the utility. |
|