Economics · Microeconomics
Which one of the following is a key characteristic of an Indifference Curve?
- 1Two Indifference curves can intersect each other.
- 2Two Indifference curves can touch each other.
- 3No two Indifference curves can intersect each other.✓
- 4Both are equal at the Equilibrium point.
Correct answer
No two Indifference curves can intersect each other.
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