Indifference Curve Approach - PowerPoint Presentation

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Uploaded On 2016-05-12

Indifference Curve Approach - PPT Presentation

Topic 3 Outline Conceptsdefinitionillustration Indifference map Slope of indifference CurveMRTS DMRTSreasons Assumptions of Indifference curve Properties of Indifference Curve Budget line ID: 316080

indifference curve slope income curve indifference income slope effect substitution budget consumer price line good equilibrium change level illustration commodity commodities map

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