Question

Explain the derivation of demand curve with the  help of indifference curve ?​

Answer 1

Answer:

IN Marshallian utility analysis, demand curve was derived on the assumptions that utility was cardinally measurable and marginal utility of money remained constant with the change in price of the good. ... An indifference map of a consumer is drawn along with the various budget lines showing different prices of the good X.

Answer 2

Answer:

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Explanation:

In Marshallian utility analysis, demand curve was derived on the assumptions that utility was cardinally measurable and marginal utility of money remained constant with the change in price of the good. ... An indifference map of a consumer is drawn along with the various budget lines showing different prices of the good X..

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