Indifference curve:
The data in the indifference schedule can be symbolized in the graph with one commodity on X-axis and other commodity in the Y-axis. The different combinations of the two commodities are plotted and connected to form a curve termed as indifference curve. In figure IC is an indifference curve exhibiting combinations of the two commodities specified in the schedule.
Figure: Indifference Curve
Every point on this curve gives equivalent level of satisfaction to the consumer. Indifference curve is otherwise termed as ‘iso–utility curve’.Indifference Map:
Indifference Map is a class of indifference curves for two commodities exhibiting different levels of satisfaction. In this indifference map, it must be clearly understood that a higher indifference curve symbolizes higher level of satisfaction and a lower indifference curve symbolizes lower level of satisfaction. Being rational, the consumer will always select a higher indifference curve to acquire maximum satisfaction, other things being equivalent.
Figure: Indifference Map
Latest technology based Economics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Theory of Consumer Behavior help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Theory of Consumer Behavior, project ideas and tutorials. We provide email based Theory of Consumer Behavior help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Theory of Consumer Behavior. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Theory of Consumer Behavior. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
tutorsglobe.com chemoautotrphic bacteria assignment help-homework help by online nutrition in bacteria tutors
tutorsglobe.com action of restriction enzyme assignment help-homework help by online recombinant dna technology tutors
a multivibrator is other type of relaxation oscillator that uses two amplifier stages, in which the output o one is coupled to the input of another.
tutorsglobe.com growing population and environmental impacts assignment help-homework help by online human population and explosion-issues tutors
Annelida tutorial all along with the key concepts of Characteristics of annelida, Coelomate Body Plan, Biological significance of Coelom, Metameric Segmentation, Classification of Annelids, Oligochaeta and Class Polychaeta
www.tutorsglobe.com offers the information domain homework help, assignment help, case study, writing homework help, online tutoring assistance by computer science tutors.
Phylum Mollusca tutorial all along with the key concepts of Features of Phylum Mollusca, Classification of Mollusca, Class Monoplacophora, Class Polyplacophora, Class Aplacophora, Class Gastropoda, Class Bivalvia, Class Scaphopoda and Class Cephalopoda
tutorsglobe.com infections due to salmonella assignment help-homework help by online salmonella tutors
tutorsglobe.com double fertilization assignment help-homework help by online reproduction biology tutors
www.tutorsglobe.com offers thermo-chemistry homework help, thermo-chemistry assignment help, online tutoring assistance, physical chemistry solutions by online qualified tutor's help.
Theory and lecture notes of Production Cost in the Short-Run all along with the key concepts of production cost in the short-run, Assignment help, Homework help, Marginal Variable Cost, condition of minimum AVC. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Production Cost in the Short-Run.
tutorsglobe.com laboratory diagnosis assignment help-homework help by online candida albicans tutors
tutorsglobe.com taysach’s disease assignment help-homework help by online inborn errors of metabolism tutors
the returning stream of electrons reaches the gun close to the aperture by which electron beam come out. the aperture is an element of a metal disc that covering the gun electrode.
Avail outstanding Public Administration Assignment Help service and put a full stop to sleepless nights.
1943251
Questions Asked
3689
Tutors
1486626
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!