Indifference curve is a curve that shows consumption bundles
that give the consumer the same level of satisfaction. Indifference
map, on the other hand Indifference curve is a graph of two or more
indifference curves.
Indifference curve is a curve that shows consumption bundles
that give the consumer the same level of satisfaction. Indifference
map, on the other hand Indifference curve is a graph of two or more
indifference curves.
View page
two indifference curve never cut each other..
View page
a single indifference curve cannot cross itself.
View page
what will be the shape of indifference curve if one of the two
goods is a free commodity
View page
The three major characteristics of an indifference curve
are: