Economy, asked by Anonymous, 7 months ago

What is an indifference curve ??

Answers

Answered by mandalsneha959

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.

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Answered by prithviraj779057

Answer:

Definition: 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.

Explanation:

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