EXCEPTIONAL CASE OF CONSUMER’S EQUILIBRIUM
We have said that the indifference curves are usually convex to the origin. The consumers equilibrium is at the point of tang ency of the price line with an indifference curve. There arc some exceptions.
Maleficence curves and the Councillor be In colloquium here hue tangent to the curve but here consumer buys only Y Of at L where he Will buy only good X. P and L on higher indifference curves than at Q.