Economy, asked by goyalarpit624, 9 months ago

Difference between utility analysis and indifference curve analysis

Answers

Answered by nishantsingh34
2

Answer:

Similarity between the Two Analyses:

It has been asserted that whereas Marshallian utility analysis assumes 'too much', it explains 'too little', on the other hand, the indifference curve analysis explains more by taking fewer as well as less restrictive assumptions.

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