indifference curve

a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent.

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  • Indifference 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… …   Wikipedia

  • Indifference 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… …   Financial and business terms

  • indifference 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… …   Financial and business terms

  • indifference 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,… …   Universalium

  • Indifference 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.… …   Investment dictionary

  • indifference 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 …   Useful english dictionary

  • indifference curve — graph that depicts the basket of goods that brings a customer the same benefit (Economics) …   English contemporary dictionary

  • indifference 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 …   Australian English dictionary

  • indifference curve — /ɪn dɪf(ə)rəns kɜ:v/ noun a line on a graph that joins various points, each point representing a combination of two commodities, each combination giving the customer equal satisfaction …   Marketing dictionary in english

  • Community indifference curve — A community indifference curve is an illustration of different combinations of commodity quantities that would bring a whole community the same level of utility. The model can be used to describe any community, such as a town or an entire nation …   Wikipedia

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