Economy, asked by PrernaKalita, 7 months ago

what is the fundamental assumption of indifference curve analysis? ​

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Answered by doraemonfan
3

Answer:

The indifference curve analysis retains some of the assumptions of the cardinal theory, rejects others and formulates its own. The assumptions of the ordinal theory are the following: (1) The consumer acts rationally so as to maximise satisfaction.

Explanation:

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Answered by itzsadgirl66
4

Answer:

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