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What is the meaning of monotonic …

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What is the meaning of monotonic preferences and explain why higher indefference curve shows higher level of satisfaction.

    • Posted by Aayush Kumar 6 years, 9 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Akshit Jain 6 years, 9 months ago

    Motonic prefrences means that a consumer always want more of one good and no less of other

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