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| 1. |
Define an indifference curve |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Indifference curve <a href="https://interviewquestions.tuteehub.com/tag/refers-1181652" style="font-weight:bold;" target="_blank" title="Click to know more about REFERS">REFERS</a> to the graphical representation of various alternative <a href="https://interviewquestions.tuteehub.com/tag/combinations-922706" style="font-weight:bold;" target="_blank" title="Click to know more about COMBINATIONS">COMBINATIONS</a> of bundles of two goods among which the consumer is <a href="https://interviewquestions.tuteehub.com/tag/indifferent-2129617" style="font-weight:bold;" target="_blank" title="Click to know more about INDIFFERENT">INDIFFERENT</a>.</body></html> | |