The community indifference curve represents the tastes or demand preferences in a nation or region.

Question

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The community indifference curve represents the preferences or tastes of the entire community towards a particular combination of goods or services. It shows the various combinations of two goods that would make consumers equally satisfied or indifferent. Thus, it represents the demand preferences of a group, rather than an individual or region.

The Community Indifference Curve Represents the Tastes or Demand Preferences