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What is indifference curve?

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Public Speaking Expert, Management & Communication trainer

Ic is graphical representation of indifference set of two commodity of customer between them he is neutral.
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An actuarial professional with specialization in economics, mathematics and statistics

What is an indifference curve? An indifference curve is a curve which represents various combinations of goods and/or services which provide equal satisfaction to the consumer.
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Teaching by choice & not by chance, Teaching Doctor!

a curve on graph linking those combinations os quantities which the consumer regards as of equal values. or you can say combination of 2 goods that give the consumrr equal satisfaction and utility
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IMAGINARY CONCEPT
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Musician, Lawyer, Linguist

philosophically or mathematically? :P
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Commerce Guru+German Language

an indifference curve is a graph showing different combinations of goods between which a consumer is indifferent i.e the consumer has no preference. For example-lets take 2 combinations of commodities say apple, mango and orange and grapes. Now suppose by consuming 1 apple and 1 mango gives you a utility(satisfaction)...
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an indifference curve is a graph showing different combinations of goods between which a consumer is indifferent i.e the consumer has no preference. For example-lets take 2 combinations of commodities say apple, mango and orange and grapes. Now suppose by consuming 1 apple and 1 mango gives you a utility(satisfaction) of say 10 and also by consuming 1 orange and a bowl of grapes derives utility of 10. so whether the consumer consumes combination A or B it gives him the same utility(satisfaction) and so the consumer is indifferent about which combination he is consuming. The graphical represention of this is known as indifference curve. read less
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Good teacher

Indifference curve is a graphical representation of set of points of two commodities which gives the consumer equal level of satisfaction.
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Economics expert!

Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Definition: An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that...
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Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Definition: An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility. Graphically, the indifference curve is drawn as a downward sloping convex to the origin. The graph shows a combination of two goods that the consumer consumes. read less
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Trainer

An Indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility. Each point on an indifference curve indicates that a consumer is indifferent between the two and all points give him the same utility.
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