0
Still curious? Ask our experts.
Chat with our AI personalities
JudySimplicity is my specialty.
Chat with Judy
MaxineI respect you enough to keep it real.
Chat with Maxine
DevinI've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with DevinAdd your answer:
Earn +20 ptsQ: What is an indifference curve?
Write your answer...
Submit
Still have questions?
Continue Learning about Economics
What is the different between indifference map and indiffirence curve?
Indifference curve is a curve that shows consumption bundles that give the consumer the same level of satisfaction. Indifference map, on the other hand Indifference curve is a graph of two or more indifference curves.
Features of indifference curve?
two indifference curve never cut each other..
Can a single indifference curve cross itself?
a single indifference curve cannot cross itself.
What is shape of indifference curve?
what will be the shape of indifference curve if one of the two goods is a free commodity
What are the major characteristics of an indifference curve?
The three major characteristics of an indifference curve are: 1. They are negatively sloped 2. They are convex to the origin 3. Indifference curve cannot be intersected
Trending Questions
What term is used to describe a market economy?
What type of economic model fits this descriptionThe basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.?
How do you write 13.1?
How might a country decide what products to specialize in producing?
What is the value in euros?
How do ATMs work?
How has money improved over the years?
How much is 28 euros to dollar?
Where is malaysian ringgit printed from?
What might happen to make a producer decrease his or her supply of a product.?
Consumers help to determine the distribution of goods.?
What type pf economy does Ukraine have?
What was the cost of natural gas in 1998?
What could people count on under the old communist economic system?
What was Germany's term for its amazing economic rebound in 1950's?
How did Andrew Mellon plan to create economic growth across the country?
How much money dose a real estate agent make a year?
Factor market are where productive resources are bought and sold True Or False?
50 Philippine Peso is equal to how many u s dollar?
Will the Gold Prices Continue to rise?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.