Economy, asked by arifajaan6183, 4 months ago

What point is preferred along an indifference curve

Answers

Answered by krishnaarathi00
0

Answer:

one point on the higher indifference curve is preferred to one point on the lower curve, and since all the points on a given indifference curve have the same level of utility, it must be true that all points on higher indifference curves have greater utility than all points on lower indifference curves.

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