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Using preference curve, explain when an economy is said to be trapped


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Indifference curves are used to demonstrate how a consumer makes his choice between different goods according to the utility that he attributes them.

Indifference represents the points where a consumer exchanges quantities of good A for good B, and its utility does not change.

The economy will be trapped when consuming it is no longer consuming goods, or at least not in a way that exceeds production demand

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