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Ic never touch or intersect each …

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Ic never touch or intersect each other. Why

Posted by Khushi Gusain 7 years, 4 months ago

CBSE > Class 12 > Economics

2 answers

Bharvi Dani 7 years, 4 months ago

IC is always tangentto the perfect competetion curve . Two ICs never touch or intersect each other since it is their property. Beacuse every consumer has a different choice of goods and level of satisfaction. But we always select the IC which is tangent to our graph of goods and services.

Kajal Gehlot 7 years, 4 months ago

As we know IC aasumes consumption of two goods or we can say two goods are always consumed but of IC touches the axis it means that consumption of one good is zero which is nt possible nd they do not intersect because satisfaction of each commodity is different or they both cannot get same level of satisfaction nd hence we know ic contains different amount of goods

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