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An indifference schedule is based on the assumption that

Answer» <html><body><p>The consumer consumes only <a href="https://interviewquestions.tuteehub.com/tag/two-714195" style="font-weight:bold;" target="_blank" title="Click to know more about TWO">TWO</a> goods <br/><a href="https://interviewquestions.tuteehub.com/tag/preferences-1163219" style="font-weight:bold;" target="_blank" title="Click to know more about PREFERENCES">PREFERENCES</a> are ordinal.<br/>Marginal rate of <a href="https://interviewquestions.tuteehub.com/tag/substitution-1231654" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSTITUTION">SUBSTITUTION</a> is decreasing <br/>All the above </p><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a> :D</body></html>


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