Economy, asked by uzmamozammil786, 5 hours ago

differences between utility analysis and indifference curve analysis.

Answers

Answered by avantikay1312

5

Explanation:

The main difference between Utility analysis and Indifference curve analysis is that in utility analysis, the consumer behaviour is discussed with the commodities independent of each other whereas, in Indifference curve analysis, the commodities can be the substitute, complementary and unrelated goods.

Hope it well help you

Answered by ayeshasultanakgm

6

Explanation:

The main difference between Utility analysis and Indifference curve analysis is that in utility analysis, the consumer behaviour is discussed with the commodities independent of each other whereas, in Indifference curve analysis, the commodities can be the substitute, complementary and unrelated goods.

I hope it will help you

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