consumer indifference curve
1Indifference curve — In microeconomic theory, an indifference curve is a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one… …
2indifference curve — ▪ economics in economics, graph showing various combinations of two things (usually consumer goods) that yield equal satisfaction or utility to an individual. Developed by the Irish born British economist Francis Y. Edgeworth (Edgeworth,… …
3Indifference curve — The graphical expression of a utility function, where the horizontal axis measures risk and the vertical axis measures expected return. The curve connects all portfolios with the same utilities according to . and . The New York Times Financial… …
4indifference curve — The expression in a graph of a utility function, where the horizontal axis measures risk and the vertical axis measures expected return. The curve connects all portfolios with the same utility. Bloomberg Financial Dictionary * * * indifference… …
5Indifference Curve — A diagram depicting equal levels of utility (satisfaction) for a consumer faced with various combinations of goods. As an example, consider the diagram above. This consumer would be most satisfied with any combination of products along curve U3.… …
6indifference curve — noun : a curve used in economics to indicate all possible comparative quantities of goods or services equally demanded by or of equal use to a consumer …
7indifference curve — noun a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent …
8indifference curve — /ɪnˈdɪfrəns kɜv/ (say in difruhns kerv) noun a graph, whose co ordinates represent the quantities of alternative goods and services that tend to leave the consumer indifferent in making a choice because he or she judges them of equal value …
9Consumer theory — is a theory of microeconomics that relates preferences to consumer demand curves. The link between personal preferences, consumption, and the demand curve is one of the most complex relations in economics. Implicitly, economists assume that… …
10Consumer choice — Economics …
