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单词 indifference curve
释义

indifference curve

noun Economics
A curve on a graph (the axes of which represent quantities of two commodities) linking those combinations of quantities which the consumer regards as of equal value.Formally then, utility is maximized at the point where the budget line is tangential to an indifference curve....
  • This, of course, will be determined by their new tangential indifference curve.
  • Moreover, goods and services in early growth stages defy analysis in terms of efficient frontiers and indifference curves.
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更新时间:2024/9/20 7:58:29