Indifference Curve Analysis
Completion requirements
Watch this video to review indifference curves and obtain consumer
equilibrium. This equilibrium shows the optimal consumer choice and is
mathematically determined by the tangency condition between the budget
line and the indifference curve.
Source: Mary J. McGlasson, https://www.youtube.com/watch?v=-IzoID3Bx-0&list=PL336C870BEAD3B58B&index=21
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Last modified: Thursday, 1 August 2024, 1:22 PM