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Earn +20 ptsQ: Why does an indifference curve never meet?
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Continue Learning about Math & Arithmetic
What is the name for Two lines that converge but never meet?
An asymptote is a straight line that a curve approaches but never intersects.
Why does the rightmost indifference curve give the highest number of utils?
It gives more satisfaction
How can you calculate MRS between two points on indifference curve?
MRS of 12,3 and 6,9
Two lines that never meet?
Parallel Lines will never meet
What is non intersecting for geometry?
In the context of Euclidean straight lines it would mean parallel lines. In the context of a curve and a line (or another curve) it would mean the line and the curve do not meet at any point, but not a lot more can be deduced about them.
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