Question

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

Answer 1

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)

Answer 2

Explanation:

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