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Which is the family of indifference …

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Which is the family of indifference curves ?

Posted by Sunil Choudhary 3 years, 5 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 3 years, 5 months ago

An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility.

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CBSE > Class 11 > Economics