Economy, asked by abhilashtiwari57, 7 months ago

what do you mean by difference curve explain its characteristics

Answers

Answered by Anonymous

Answer:

An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility.

Previous Question

Next Question

Similar questions

Computer Science, 3 months ago

Default type of attribute in UL type is ________ a) Circle b) Rectangle c) Sphere d) disc...

Social Sciences, 3 months ago

Question : what is a whealth of a nation ? Answer : Natural resources are called the Whealth of a nation.

Social Sciences, 3 months ago

3) Bhilar is the village which is made popular due to extra efforts taken by the villagers and the Govenment. What would you do to make your town / village / city popular ?

Math, 7 months ago

$\sqrt[1]{2}$ ...