Write any four assumptions of indifference curve analysis
Cardinal Utility Approach|Microeconomics
Management Notes
Ans) The four assumptions of indifference curve analysis are as follows:
- Rational consumer.
- Ordinal measurement of utility.
- Diminishing marginal rate of substitution.
- Transitivity and consistency.
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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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