Which one is not a assumption of the theory of demand based on analysis of indifference curves?
Which one is not a assumption of the theory of demand based on analysis of indifference curves? Correct Answer Constant marginal utility of money
Constant marginal utility of money is not a assumption of the theory of demand based on analysis of indifference curves. An indifference curve is a graph that shows a combination of two goods that give a consumer equal satisfaction and utility, thereby making the consumer indifferent.