What do you mean by Engel curve? – Microeconomics | Management Notes

What do you mean by Engel curve?
Cardinal Utility Approach | Microeconomics
Management Notes

Ans) An Engel curve is a curve which shows optimum quantity of a commodity purchased at different levels of income .In other words Engel’s curve indicates how much quantity of a commodity a consumer will consume at different levels of his income in order to be in equilibrium.

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