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Explain monotonic preferences with example

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Explain monotonic preferences with example

Posted by Ragini Kumari 1 year, 4 months ago

CBSE > Class 11 > Economics

2 answers

Ayush Khanna 1 year, 4 months ago

Example Bundle A (7,7)

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Ayush Khanna 1 year, 4 months ago

It refers those preference in which consumer always prefer the bundles have neither more of both goods or more of atleast one good and no less of other good

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Posted by Divyanshu Singh 4 months, 1 week ago

CBSE > Class 11 > Economics