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CONSUMER CHOICE USING INDIFFERENCE CURVE ANALYSIS | |
File name | CONSUMER CHOICE USING INDIFFERENCE CURVE ANALYSIS |
File Description | In microeconomic theory, an indifference curve is a graph showing different bundles of goods between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one bundle over another. One can equivalently refer to each point on the indifference curve as rendering the same level of utility (satisfaction) for the consumer. |
Category Name | Management Studies |
Subject Name | BUSINESS ECONOMICS |
Module Name | Theory of Consumer Behaviour |
Micro Category Name | Marginal Rate of Substitution |
Level | Masters |
File Type | |
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