Why do the indifference curves neither intersect nor are tangent to one another?
Answers
Answered by
0
Answer:
The indifference curves cannot intersect each other. It is because at the point of tangency, the higher curve will give as much as of the two commodities as is given by the lower indifference curve. This is absurd and impossible.
hope you get it...
Similar questions
English,
5 months ago
Social Sciences,
5 months ago
Chemistry,
10 months ago
Political Science,
1 year ago
Math,
1 year ago
English,
1 year ago