In economics, an indifference curve connects points on a graph representing different quantities of two goods, points between which a consumer is indifferent...

series Law & Order "Indifference" (The Walking Dead), 2013 episode of the television series The Walking Dead Indifference curve, in microeconomic theory...

Octavio's indifference curve is tangent to Abby's indifference curve, and it is inside the lens formed by their initial allocations. Thus the contract curve, the...

A community indifference curve is an illustration of different combinations of commodity quantities that would bring a whole community the same level of...

available to them changes. The income–consumption curve is the set of tangency points of indifference curves with the various budget constraint lines, with...

the direction of exchange, and will correspond to the slope of an indifference curve (more precisely, to the slope multiplied by −1) passing through the...

of the indifference curve at any single point along the curve, will decrease when moving down a given indifference curve. Indifference curves can also...

constant. Price-consumption curves are constructed by taking the intersection points between a series of indifference curves and their corresponding budget...

than A. This is because concave curves slope outwards, meaning an average between two points on the same indifference curve would result in a point closer...

will be determined by the consumers' indifference curves. The blue curves in the diagram represent indifference curves for Octavio, and are shown as convex...

Indifference curve J curve Kuznets curve Laffer curve Lorenz curve Phillips curve Supply curve Aggregate supply curve Backward bending supply curve of...

change in the price of the good—the agent will remain on the same indifference curve before and after the change in the price of the good. The function...

isoquant may also be known as an "iso-product curve", or an "equal product curve". While an indifference curve mapping helps to solve the utility-maximizing...

theorem. An indifference curve is a set of all commodity bundles providing consumers with the same level of utility. The indifference curve is named so...

risk-return indifference curve for the investors. Indifference curves C1, C2 and C3 are shown. Each of the different points on a particular indifference curve shows...

number of hours he works and relaxes can be found out when the highest indifference curve is tangent to the production function. This will be Crusoe's most...

utility is 4. A set of convex-shaped indifference curves displays convex preferences: Given a convex indifference curve containing the set of all bundles...

graphically by indifference curves. This is especially useful when there are two kinds of goods, x and y. Then, each indifference curve shows a set of...

with ordinal utility, which merely ranks commodity bundles (with an indifference-curve map, for example). The consensus in favor of such approaches, pushed...

complement is a good that must be consumed with another good. The indifference curve of a perfect complement exhibits a right angle, as illustrated by...

quantities to demand of two goods is the point of tangency between an indifference curve (curved) and the budget constraint (a straight line). The graph shows...

consumer obtaining the same utility level for all the points on the indifference curve (utility function). Let a consumption bundle be represented by (X...

that if the slope of the indifference curve is strictly greater than the slope of the budget line: Slope of indifference curve > Slope of budget line ;...

have to be introduced to have convexity of indifference curves. For those who accepted that indifference curve analysis superseded earlier marginal utility...

found with the slope determined by the new prices but tangent to the indifference curve going through the old bundle, the difference between the new point...

have convexity of indifference curves. For those who accepted that marginal utility analysis had been superseded by indifference curve analysis, the former...

along the same indifference curve are regarded indifferently by individuals, which means all the combinations along an indifference curve result in the...

defined an increase in individual ophelimity as a move onto a higher indifference curve.] That is to say that any small step is bound to increase the ophelimity...

function, such as isobar, isotherm, isogon, isochrone, isoquant and indifference curve. Consider the 2-dimensional Euclidean distance: d ( x , y ) = x 2...

are also used to display non-geographic information in economics. Indifference curves (as shown at left) are used to show bundles of goods to which a person...