If
the indifference curve were horizontal, assume X is measured along the horizontal axis and Y is
measured
along the
the vertical axis) this would mean the consumer is saturated with it.
Answers
Answered by
0
Answer:
x
Explanation:
Answered by
0
Answer:
The consumer with be saturated with good X only
Explanation:
What is mean by the indifference curve were horizontal?
- Consumer would be saturated with only good X if an indifference curve were horizontal and parallel to the X-axis, which is likewise horizontal. A curve representing indifference should ideally slope down from left to right.
- This occurs when the customer obtains utility—in this example, good X and good Y—rather than disutility—from two things. That indicates that none of the two products has satisfied the buyer.
- As units of one item are given up, more units of the comparable good must be eaten for the consumer to maintain their current level of happiness. The consumer is present if the indifference curve is horizontal and parallel to the X-axis.
To learn more about curve refer to:
https://brainly.com/question/26430220
https://brainly.com/question/26460726
#SPJ2
Similar questions
Math,
3 months ago
Math,
3 months ago
Social Sciences,
3 months ago
Science,
6 months ago
Math,
6 months ago