Question

difference between indifference curve and income line ?​

Answer 1

Answer:

An indifference curve describes an individual's consumption preferences, while a budget line describes his/her budget constraints. A budget line shows combinations of two goods a consumer is able to consume a given a budget constraint. An indifference curve shows combinations of two goods that yield equal satisfaction.

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Answer 2

Answer:

hii mate... here is your answer..

Explanation:

An indifference curve describes an individual's consumption preferences,while a income line describes his/her budget constraints.A budget line shows combinations of two goods a consumer is able to consume a given a budget constraint. an indifference curve shows combinations of two goods that yield equal satisfaction

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