difference between demand curve and price consumption curve
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A price consumption curve identifies the utility maximizing combinations of two goods as the price of one of the goods changes. ... A demand curve is a graphical relationship between the price of a good and the (utility maximizing) quantity demanded of a good, all else the same.
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A price consumption curve identifies the utility maximizing combinations of two goods as the price of one of the goods changes. ... A demand curve is a graphical relationship between the price of a good and the (utility maximizing) quantity demanded of a good, all else the same.
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