Question

The concept indifference curve is related with the name of
A. Hick and Allen
B. Marshall
C. Pigou
D. None of these​

Answer 1

Answer:

hick and allen

hope it help

Answer 2

The concept indifference curve is related with the name of Hick and Allen

Definition :

"An indifference curve is a curve that represents all the combinations of goods that give the same satisfaction to the consumer. Since all the combinations give the same amount of satisfaction, the consumer prefers them equally. Hence the name indifference curve"

Explanation:

• JR Hicks become one of the maximum famous British economists. He become one of the maximum influential economists of the 20 th century.
• Most of his experiments had been executed to try to recognize the conduct of the client with the aid of using exposing and contracting numerous variables which have an effect on client buying decisions.
• Allen is the American economist who once more labored on comparable research as Hicks.

Therefore,the concept indifference curve is related with the name of Hick and Allen.