At the point of tangency the slope of indifference curve is

Related MCQs

• At the point of tangency of an indifference curve with a budget line:
• The slope of an indifference curve represents:
• A movement from one point to another along an indifference curve makes the satisfaction:
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• As per indifference curve analysis consumer equilibrium is attained when
• In case of a convex indifference curve
• ‘Higher the indifference curve higher will be level of satisfaction’. The statement is
• As per indifference curve analysis, consumer always try to reach
• An indifference curve represent
• Indifference curve is always