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Economics Interview Question:
Why does an indifference curve never meet?
Submitted by: AdministratorNo indifference curve can intersect because all points on indifference curve are ranked equally preferred and ranked or less more preferred than every other point on the curve.
Submitted by: Administrator
Submitted by: Administrator
Two indifference curve never meet because every point on an indifference curve shows different combimations of commodities which give different level of satisfaction.
In short each ndifference curve shows different level of satisfaction therefore they can never intersect
Submitted by: Shruti Agarwal
In short each ndifference curve shows different level of satisfaction therefore they can never intersect
Submitted by: Shruti Agarwal
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