Can an indifference curve cross itself? For example, could Figure 3.2 depict a single indifference curve?Note: figure 3.2 is uploaded in jpg format. AllegedindifferencecurvesIndifference curves cannot cross. If they did, X, Y, andZ would all have to be indifferent to each other and thus couldnot lie on distinct indifference curves.Figure3.2

Indifference curve(IC) shows all possible combination of two-goods such that each combination…

Answered: an an indifference curve cross itself?

Business

Economics

an an indifference curve cross itself?

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter3: Preferences And Utility

Section: Chapter Questions

Problem 3.1P

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Question

Can an indifference curve cross itself? For example, could Figure 3.2 depict a single indifference curve?

Note: figure 3.2 is uploaded in jpg format.

Alleged
indifference
curves
Indifference curves cannot cross. If they did, X, Y, and
Z would all have to be indifferent to each other and thus could
not lie on distinct indifference curves.
Figure
3.2

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