Examples of 'indifference curve' in a sentence
Meaning of "indifference curve"
indifference curve ~ a graphical representation used in economics to show the various combinations of two goods or resources that provide a consumer with the same level of satisfaction or utility
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- a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent.
How to use "indifference curve" in a sentence
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indifference curve
Indifference curve should be convex to the origin.
The slope of an indifference curve is always negative.
Obviously it changes as we go along this indifference curve.
Higher indifference curve represents higher level of satisfaction.
We note the few properties of indifference curve.
In case of indifference curve consumer is in equilibrium if.
The budget line is tangent to an indifference curve.
The indifference curve is negatively slopes.
From this we can plot an indifference curve.
My indifference curve would be linear.
So this would be another indifference curve.
Indifference curve mappings.
In this video we are going to explore the idea of an indifference curve.
See community indifference curve.
Even indifference curve analysis would have to confirm that conclusion.
See also
Edgeworth invented the idea of the indifference curve.
Also draw the indifference curve on which this bundle lies.
We are staying on the same indifference curve.
On the indifference curve that is still within the budget constraint.
The highest possible indifference curve.
The indifference curve technique has come as a handy tool in economic analysis.
Discuss the properties of indifference curve.
This is where an indifference curve is tangent to the highest possible budget line.
You are on a much higher indifference curve.
A higher indifference curve represents a higher level of satisfaction than a lower indifference curve.
It increases in passing from a lower to a higher indifference curve.
That is my indifference curve.
Through each basket of commodities passes one indifference curve.
Production indifference curve.
Marginal utility is constant as you move along an indifference curve.
Draw the highest indifference curve that she can attain in.
This contradicts the convexity of the indifference curve.
And this is what an indifference curve would look like for two normal goods.
State three features of indifference curve.
The indifference curve is very steep at that point through A.
So this is her indifference curve.
At that tangency is where you get to the highest possible indifference curve.
Where the slope of the indifference curve equals the slope of the budget constraint.
Consumer equilibrium with the help of indifference curve theory.
Therefore, the indifference curve are right angles.
Enough to keep the consumer on the same indifference curve.
What this does is put together our indifference curve analysis with our budget constraint analysis.
The changes and together produce a small movement along an indifference curve.
Hence it is proved that Indifference Curve is convex to the origin.
This curve is the key element in a preference map and is called an indifference curve.
An example indifference curve is shown below,.
You can also see the budget line and higher indifference curve.
Thus, the indifference curve is convex to the origin.
It is the slope of indifference curve.
A CoL index involves a static comparison between two situations using only a single indifference curve.
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We are way ahead of the curve in every department
This curve is analyzed to determine the dose
Examples of using Indifference
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It is a matter of perfect indifference where a thing originated
This indifference must be broken up at any cost
You have a depraved indifference to human life
