Two indifference curves never intersect each other explain??
Answers
Answer:
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. ... Similarly the combinations shows by points B and E on indifference curve IC1 give equal satisfaction top the consumer.
Explanation:
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Answer:
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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. ... Similarly the combinations shows by points B and E on indifference curve IC1 give equal satisfaction top the consumer......
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