UrbanPro

Take BA Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is indifference curve?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

Teacher and Mentor for commerce stream. expert in Personality development, life coaching skills.

Ic is graphical representation of indifference set of two commodity of customer between them he is neutral.
Comments

An actuarial professional with specialization in economics, mathematics and statistics

What is an indifference curve? An indifference curve is a curve which represents various combinations of goods and/or services which provide equal satisfaction to the consumer.
Comments

Teaching by choice & not by chance, Teaching Doctor!

a curve on graph linking those combinations os quantities which the consumer regards as of equal values. or you can say combination of 2 goods that give the consumrr equal satisfaction and utility
Comments

IMAGINARY CONCEPT
Comments

Musician, Lawyer, Linguist

philosophically or mathematically? :P
Comments

Commerce Guru+German Language

an indifference curve is a graph showing different combinations of goods between which a consumer is indifferent i.e the consumer has no preference. For example-lets take 2 combinations of commodities say apple, mango and orange and grapes. Now suppose by consuming 1 apple and 1 mango gives you a utility(satisfaction)...
read more
an indifference curve is a graph showing different combinations of goods between which a consumer is indifferent i.e the consumer has no preference. For example-lets take 2 combinations of commodities say apple, mango and orange and grapes. Now suppose by consuming 1 apple and 1 mango gives you a utility(satisfaction) of say 10 and also by consuming 1 orange and a bowl of grapes derives utility of 10. so whether the consumer consumes combination A or B it gives him the same utility(satisfaction) and so the consumer is indifferent about which combination he is consuming. The graphical represention of this is known as indifference curve. read less
Comments

Good teacher

Indifference curve is a graphical representation of set of points of two commodities which gives the consumer equal level of satisfaction.
Comments

Economics expert!

Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Definition: An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that...
read more
Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Definition: An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility. Graphically, the indifference curve is drawn as a downward sloping convex to the origin. The graph shows a combination of two goods that the consumer consumes. read less
Comments

Trainer

An Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility.
Comments

View 7 more Answers

Related Questions

Do Indians learn portugease and wish to work in Brazil too?
Hello Prabhakar, The most important factor behind llearning Portuguese is it's popularity as one of the most spoken languages in the world. There are more than 200 million speakers of Portuguese that...
Prabhakarrao
what is the good way of studying english language ?
hi.. to grasp any language you need practice..read good books, speak in the language you want to be adept at..to increase your vocabulary you can read and each day learn two new words...one page at a time...
Arzu
How Can I find the best teacher who teach the student in very easy and quick during his/her exam time?
By revising and correlating with suitable examples we can made easy and also we have to fill the confidence in them i.e. exam is so easy ..
Coaching
0 0
9
Can you tell me all about tenses?
The concept of tense in English is a method that we use to refer to time - past, present and future. We cannot talk of tenses without considering two components of many English tenses: time and aspect....
Gunjan

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Essay - Films : Advantages and Disadvantages
Films : Advantages and Disadvantages A film is automatically associated with fun, entertainment and relaxation. The next 2 and a half hours are to be enjoyed thoroughly. Work pressures, daily routines,...

Do and Dont's
-Learn By Examples, By relating it to real life things. You will retain it for long. -Dont ever wait for your teachers or tutors for starting something new topics. Make your own pace study before enyone...

Biotechnology
Hi, We all know that only GOD possesses the power of creation, maintenance, and destruction but do you know that there is an enzyme which possesses power similar to GOD (i.e. creation, maintenance, and...

Spoken English Practice Worksheet: Adjective
Adjectives: Circle the adjective in each sentence. Underline the noun that the adjective describes: There was a large table on the porch. Jenny's costume was scary. I played a game on...
E

Edusmart Skills

0 0
0

What The Heck Is Soft Skill?
Every now and then the same question crops up, “What is this soft skills? And why has it become so important that every course now has soft skills as a subject?” Well, I answered this question...

Recommended Articles

Whether you are doing graduation or post graduation, no college student can escape from the misery of college dissertation. College dissertation is a detailed research project on a topic of your choice, approved by professors. At the beginning of the dissertation you have to set a hypothetical aim and at the end, you have...

Read full article >

Most of the students decide what stream they are going to choose at the school level. Science, commerce and arts are the main fields, and students need to choose any one between these three. Although there are many such professional courses available, most students like to select one of these three streams. In college,...

Read full article >

Whatever you learn in college is no doubt very important and forms the base for your future professional career. However, lack of hands-on experience, business oriented skills and interpersonal skills, among fresh graduates are making them unfit for employment in competitive business environment. Today organizations operate...

Read full article >

During the last days in school, every student waits for their college life. It is, of course, exciting to get admission in your dream college with the course you wanted to pursue. Its your effort and struggle that makes you part of the college that you aimed for. Yet, once the first month passes all students forget their...

Read full article >

Looking for BA Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BA Tuition Classes?

The best tutors for BA Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BA Tuition with the Best Tutors

The best Tutors for BA Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more