Indifference curve analysis Select one: A. presumes only that the consumer can say one combination of two goods yields more or l

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Indifference curve analysis Select one: A. presumes only that the consumer can say one combination of two goods yields more or l

ess utility than some other combination. B. is in conflict with the idea of a downsloping demand curve. C. presumes, unlike utility analysis, that satisfaction is numerically measurable. D. presumes, as does utility analysis, that satisfaction is numerically measurable

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1 answer:

amm1812 · Answer 1 · 2022-05-13T12:53:45+03:00

Answer:

A. presumes only that the consumer can say one combination of two goods yields more or less utility than some other combination

Explanation:

An indifference curve is a curve is a graph that shows the combination of two goods that have been given a consumer equilibrium. Along utility and thus they make a consumer difference and are said to be a heuristic device that is used in the contemporary microeconomics to demonstrates the your preferences and the limitations of a budget.