Tag Archives | Indifference Curve Analysis

Term Paper on the Indifference Curve Analysis | Consumer Demand | Economics

Here is a term paper on the ‘Indifference Curve Analysis’ for class 9, 10, 11 and 12. Find paragraphs, long and short term papers on the ‘Indifference Curve Analysis’ especially written for commerce students. Term Paper on Indifference Curve Analysis Term Paper Contents: Term Paper on Indifference Curve Approach Term Paper on What are Indifference Curves? Term Paper on the [...]

By Jerelin R|2017-05-30T09:20:18+05:30May 30, 2017|Indifference Curve|Comments Off

Diminishing Marginal Rate of Substitution | Indifference Curve | Economics

An important principle of economic theory is that marginal rate of substitution of X for Y diminishes as more and more of good X is substituted for good Y. In other words, as the consumer has more and more of good X, he is prepared to forego less and less of good Y. The principle of diminishing marginal rate of [...]

By Jerelin R|2017-05-30T09:20:17+05:30May 30, 2017|Indifference Curves|Comments Off