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What is indifference curve and PPC ?
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What is indifference curve and PPC ?
An indifference curve shows how a consumer is indifferent to different combinations of two goods at a particular amount of income. It has its base in demand and consumption. An indifference cure is plotted from consumer's viewpoint. PPC gives us an idea about the production possibilities of two set of goods.
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What is indifference curve and PPC ?
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What is indifference curve and PPC ?
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What is indifference curve and PPC ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is indifference curve and PPC ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is indifference curve and PPC ?.
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