Indifference curve Analysis



Indifference curve analysis

The aim of indifference curve analysis is to analyse how a consumer chooses between two goods to get maximum satisfaction. Or how a consumer makes choice from his limited resources to get maximum satisfaction.(The Aim of a consumer = to get maximum satisfaction)

Indifference analysis combines two concepts;
  • indifference curves
  • and budget lines (constraints)

5 comments:

sunnyday said...

Your blog is very useful, thank you so much for providing informative article. I’ll probably be back to read more. Thanks once again.

www.triciajoy.com

sarah lee said...

Love it! Very interesting topics, I hope the incoming comments and suggestion are equally positive. Thank you for sharing this information that is actually helpful.


matreyastudios
matreyastudios.com

Cindy Dy said...

Your post is superb. Thanks for sharing us updated information.

Macy
www.gofastek.com

Gimmas Rathod said...

The posts are awesome and helpful ...please also include some examples alongside the pages

jennifer said...

very useful information thanks