Show that an indifference curve a. Cannot be thick (cannot have positive thickness, rather than being just
Question:
Show that an indifference curve
a. Cannot be thick (cannot have positive thickness, rather than being just a line).
b. Cannot bend backward (forming a “hook” at the end)
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Related Book For
Managerial Economics and Strategy
ISBN: 978-0134167879
2nd edition
Authors: Jeffrey M. Perloff, James A. Brander
Question Posted:
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