Answer to Question #251596 in Economics for Zee

Question #251596
Explain and illustrate union's indifference curve
1
Expert's answer
2021-10-18T11:27:37-0400

The indifference curve is a graphical representation of a consumer's choice between two goods. The position of each point on this curve characterizes such a combination of two goods or services (along the x and y-axis), which brings the same utility to the individual.


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