economics medium Fill in the Blank

Ordinal utility is associated with ___ curve.

  1. technological
  2. John Maynard Keynes
  3. Pareto Efficiency (or Pareto Optimality)
  4. indifference

Answer: indifference

Indifference curve shows ordinal ranking of preferences.

Topic Microeconomics
Exam Relevance UPSC, SSC
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