Define indifference curve.
Cardinal Utility Approach | Microeconomics
Management Notes
Ans) Indifference curve is defined as the locus of all combinations of two goods which yields the same level of satisfaction to the consumer.It is also called equal satisfaction curve. It is downward slopping and convex to the origin.
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MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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