Part 1[25]
They indicate the relationship between two goods; since they do not include prices or income, they cannot be used to derive a demand curve. How far do you agree with this statement?
Economics 9708 · AS & A Level · Indifference curves and budget lines
They indicate the relationship between two goods; since they do not include prices or income, they cannot be used to derive a demand curve. How far do you agree with this statement?