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Answer to Question #145845 in Microeconomics for Asem

Question #145845
What is indifference curve ?
1
Expert's answer
2020-11-26T00:45:10-0500

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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