Equality between slope of budget line and slope of… – BBA Microeconomics for Business 2025 Solved

BBA Microeconomics for Business · 2025 · Solved Question with Answer

Equality between slope of budget line and slope of indifference curve is the necessary condition for attaining consumer's equilibrium. Justify it.

Solution

Equality between slope of budget line and slope of indifference curve is the necessary condition for attaining consumer's equilibrium. Justify it.