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What is meant by indifference curve

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What is meant by indifference curve
  • 2 answers

Rahul Kandpal 7 years ago

Indifference curve is that curve which explain the different combination of two goods which give equal level if satisfaction

Yogita Ingle 7 years ago

Indifference Curve This curve shows different combinations of two goods, each combination offering the same level of satisfaction to the consumer. So that the consumer is indifferent among the various combinations offered to him Indifference curves slope downwards from left to the right. Indifference curve is always convex to the origin.

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