Accountancy, asked by sharonotayo2, 1 year ago

Limitation I of indifference curve in economic analysis

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Answered by genius1234567

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Limitations of the Indifference Curve Analysis. In indifference curve analysis, we are concerned only with the two commodities under consideration. However, the market has many other commodities. ... For instance, price change of a commodity in the market may influence the purchase of the commodities under consideration.May 25, 2017

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