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Explain monotonic preferences with example

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Explain monotonic preferences with example

Posted by Ragini Kumari 10 months, 1 week ago

CBSE > Class 11 > Economics

2 answers

Ayush Khanna 10 months ago

Example Bundle A (7,7)

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Ayush Khanna 10 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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ANSWER

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Posted by Jaspreet Kaur 2 months ago

CBSE > Class 11 > Economics