an indifference curve
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Is a consumer better off at a lower point on a higher indifference curve than a higher point on a lower indifference curve? I understand the answer is yes, but I dont understand why....Need a detailed explanation...
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This post describes an indifference curve.
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Yes, the consumer will be better off at a lower point on a HIGHER indifference curve than a higher point on a LOWER indifference curve.
By definition, an ...
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