Economy, asked by RiddhiA849, 1 month ago

Standard indifference curves cannot intersect each other. Why?

Answers

Answered by mahwishmanal
4

Answer:

here is u r answer hope it helps

Explanation:

The indifference curves cannot intersect each other. It is because at the point of tangency, the higher curve will give as much as of the two commodities as is given by the lower indifference curve.

Answered by pratimachoprapbrbr6
2

Answer:

two IC cannot intersect each other because every combination point on IC gives equal level of satisfaction

as u can see in the diag there are two IC curve intersecting each other . so as per rule Combination A,B and c must be given equal level of satisfaction. but actually customer will get more satisfaction at points C as at this point he will get more goods of one good and as per monotonic preference a customer get more satisfaction when he gets more good

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