Economy, asked by manojhira7, 9 months ago

what is indifference curve? explain with the help of schedule and diagram

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Answered by kritiraj018

18

Answer:

Definition: An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. ... The graph shows a combination of two goods that the consumer consumes. The above diagram shows the U indifference curve showing bundles of goods A and B.

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