what is indifference curve
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Heya!! ✌️
Indifference curve refers to the graphical representation of various alternative combinations of bundles of two goods among which the consumer is indifferent.
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Indifference curve refers to the graphical representation of various alternative combinations of bundles of two goods among which the consumer is indifferent.
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➡️ A curve on a graph (the axes of which represent quantities of two commodities) linking those combinations of quantities which the consumer regards as of equal value is termed as an indifference curve.
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