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Indifference curve (view source)
Revision as of 02:59, September 17, 2008
, 02:59, September 17, 2008bold
The indifference curve is a graph of utilities such that every point along a curve has the same amount of total [[utility]]. A person should be "indifferent" to where he is along the curve, because his total [[utility]] is constant.
The '''indifference curve''' is a graph of utilities such that every point along a curve has the same amount of total [[utility]]. A person should be "indifferent" to where he is along the curve, because his total [[utility]] is constant.
== Example ==
== Example ==