Indifference Curve: Microeconomics, Graph of a function, Good (economics), Preference, Utility, Mathematical problem, Demand (economics), Marginal rate of substitution, Consumer theory, Income effect - Couverture souple

Couverture souple

ISBN 10 : 613068911X ISBN 13 : 9786130689117

Editeur : Alphascript Publishing, 2010

Synopsis

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.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 bundle over another. In other words, they are all equally preferred. One can equivalently refer to each point on the indifference curve as rendering the same level of utility for the consumer. Utility is then a device to represent preferences rather than something from which preferences come. The main use of indifference curves is in the representation of potentially observable demand patterns for individual consumers over commodity bundles.

Détails de l'édition

• Éditeur: Alphascript Publishing
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 613068911X
• ISBN 13: 9786130689117
• Reliure: Broché
• Nombre de pages: 68
• Éditeur: Miller Frederic P., Vandome Agnes F., McBrewster John
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible