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What is indifference curve ? State …

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What is indifference curve ? State three properties
  • 2 answers

J K 6 years, 8 months ago

Three features are -- It is convex to the origin , Ic slopes downward, Higher in shows higher level of satisfaction

J K 6 years, 8 months ago

The curve showing combination of two goods which offers same level of satisfaction at every point at curve
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