only one indifference curve will pass through a given point on an Indifference map .(true or false )and explain it.

Dear Student
The given statement is True because two or more different indifference curves can never meet each other.
This topic has been explained in detail in our study material. You can refer to the same following the below-mentioned link and scroll down to the topic   '  ​Two indifference curves never cross each other  ​'.
 
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-microeconomics/theory-of-consumer-behaviour/338_1981_6357#slide3_ordinal-approach---indifference-curve-analysis-marginal-rate-of-substitution-optimal-choice-and-consumer-equilibrium


Regards

 

  • 1
This statement is false.
  • 0
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