Economy, asked by Bhargavkariya, 2 months ago

What do all points on indifference curve indicate?​

Answers

Answered by BRAINhunter2020
1

Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility. ... To the consumer, bundle A and B are the same as both of them give him the equal satisfaction. In other words, point A gives as much utility as point B to the individual

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