Economy, asked by ganeshsharma46526, 4 months ago

what is an indifference curve

Answers

Answered by anshboss304

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.

Answered by aymandioxide

Answer:

An Indifference curve is a locus of points that show the combinations of two goods each of those combinations providing him equal satisfaction.

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