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To derive the demand curve of a product in indifference curve analysis, the Multiple Cholce budget line is assumed to stay in a fixed p
To derive the demand curve of a product in indifference curve analysis, the
Multiple Cholce
budget line is assumed to stay in a fixed psition
tastes and preferences of the consumer are assumed to be fixed.
prices of both products are assumed to be variable.
money income of the consumer is assumed to be varlable.
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