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Indifference curves for a hypothetical individual consuming only X and Y goods are represented by Ui (X, Y). i = 1, 2, 3...n When


Indifference curves for a hypothetical individual consuming only X and Y goods are represented by Ui (X, Y). i = 1, 2, 3...n When ul (a) Pe+, X (b) Px 1, |X I (c) I 1, X ax I xX I OPx |u=constant I < |X - > X > X- X u=const. x lu=const. I I >0

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