Question

define indifference map​

Answer 1

Answer:

An indifference curve is a graphical representation of a combined products that gives similar kind of satisfaction to a consumer thereby making them indifferent. Every point on the indifference curve shows that an individual or a consumer is indifferent between the two products as it gives him the same kind of utility.

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Answer 2

Answer:

An indifference curve is a graphical representation of a combined products that gives similar kind of satisfaction to a consumer thereby making them indifferent. every point on the indifference point show that an individual or a consumer is indifferent between the two product as it give him the same kind of utility.

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