Types of Indifference Curves
Completion requirements
Now, we can apply the indifference curve analysis to the types of goods
and services identified in Unit 2, such as complements, substitutes,
normal, and inferior goods. Review the section on the slope of the
indifference curve in the previous video to better grasp the various
shapes of indifference curves presented here.
Source: Khan Academy, https://www.youtube.com/watch?v=kJ43GdU5Uzc
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Thursday, August 1, 2024, 1:21 PM