Economy, asked by riya920037, 8 months ago

IC analysis of consumer's equilibrium is based on the concept of ____ measures

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Answered by bhoopbhoomi3088

5

There are four important properties of indifference curves that describe most of them: (1) They are downward sloping, (2) higher indifference curves are preferred to lower ones, (3) they cannot intersect, and (4) indifference curves are convex (i.e. bowed inward)

Answered by Anonymous

20

Explanation:

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