Economy, asked by jaiswalbaby001, 1 month ago

What will be shape of IC, if mRs is constant ? Explain with suitable table?​

Answers

Answered by parthasarathidas78
1

Answer:

Two commodities are perfect substitutes for each other – In this case, the indifference curve is a straight line, where MRS is constant. ... In such cases, the IC will be L-shaped and convex to the origin.

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