Asked by
julio chavez
on Oct 08, 2024
Verified
It is possible for a consumer's indifference curves to intersect.
Indifference Curves
Graphs showing different bundles of goods between which a consumer is indifferent, displaying preferences for certain combinations of two commodities.
Intersect
The point at which two or more lines or paths cross or meet.
- Understand the principles and attributes of indifference curves.
Verified Answer
JS
Learning Objectives
- Understand the principles and attributes of indifference curves.
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