Sentences with INDIFFERENCE-CURVE
Check out our example sentences below to help you understand the context.Sentences
1
"The consumer's preferences can be represented by an indifference curve."
2
"Higher indifference curves represent greater levels of satisfaction for the consumer."
3
"A rational consumer will always choose a bundle that lies on a higher indifference curve."
4
"An indifference curve map represents a range of different indifference curves."
5
"The slope of an indifference curve represents the consumer's marginal rate of substitution."
6
"An indifference curve shows the trade-off between two goods while keeping utility constant."
7
"The concept of an indifference curve was introduced by economist Francis Ysidro Edgeworth."
