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what does an Indifference curve shows?
what does an Indifference curve shows?
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Solution
An indifference curve depicts various combinations of two goods that provides a consumer with the same level of satisfaction. In other words, it shows those combinations of two goods between which the consumer is indifferent.
An indifference curve depicts various combinations of two goods that provides a consumer with the same level of satisfaction. In other words, it shows those combinations of two goods between which the consumer is indifferent.
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