Economics · Economics
In indifference curve analysis, the consumer is indifferent between different combinations of commodity X and commodity Y because:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All the combinations provide the same level of satisfaction.✓
- 2The prices of commodity X and commodity Y are the same.
- 3The consumer's income is constant.
- 4Commodity X and commodity Y are perfect substitutes.
Correct answer
All the combinations provide the same level of satisfaction.
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