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Economics Indiffrence schedule An indifference schedule refers to a table showing diffrent combination of two commodities which yield equal satisfaction . A consumer therefore gives equal importance to each the combinations.In the words of Meyers " An indifference schedule may be defined as a schedule of various combinations of goods that will be equally satisfactory to the individual concerned. GAJENDRA MALLA,Nepal BANGLORE UNIVERSITY FB. gajju13oct@hotmail.com
Mylene Wintheiser
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∙ 12y agoEconomics Indiffrence schedule An indifference schedule refers to a table showing diffrent combination of two commodities which yield equal satisfaction . A consumer therefore gives equal importance to each the combinations.In the words of Meyers " An indifference schedule may be defined as a schedule of various combinations of goods that will be equally satisfactory to the individual concerned. GAJENDRA MALLA,Nepal BANGLORE UNIVERSITY FB. gajju13oct@hotmail.com
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Derivation of demand curve using the indifference curve approach?
The derivation of an individual consumer demand curve can be done using the indifference curve approach. This is done by preparing the demand schedule of a consumer from the price consumption curve.
What part of speech is the word indifference?
The word "indifference" is a noun.
What is indifference of nature?
indifference means a lack of interest so an indifference in nature means a lack of interest of nature.
How do you use indifference as a noun in a sentence?
His indifference towards the situation was unsettling to those around him.
What is the different between indifference map and indiffirence curve?
Indifference curve is a curve that shows consumption bundles that give the consumer the same level of satisfaction. Indifference map, on the other hand Indifference curve is a graph of two or more indifference curves.
Slope of indifference curve?
indifference curves slopes downward to the right
How can you use indifference to in a sentence?
I cannot suffocate their plea for air with my careless indifference.
Features of indifference curve?
two indifference curve never cut each other..
Can a single indifference curve cross itself?
a single indifference curve cannot cross itself.
How do you define indifference?
Indifference is a lack of interest, concern, or sympathy towards something or someone. It involves a state of emotional detachment or apathy where one shows little to no reaction or involvement.
What is Zone of indifference in customer service?
Zone of indifference is a service level where your customer service is forgettable!
What is shape of indifference curve?
what will be the shape of indifference curve if one of the two goods is a free commodity
