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Indifference curve |
Also found in: Wikipedia | 0.03 sec. |
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Indifference curve The expression in a graph of a utility function, where the horizontal axis measures risk and the vertical axis measures expected return. The curve connects all portfolios with the same utility. |
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? Mentioned in | ? References in periodicals archive | |
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| The slope of the indifference curve is equal to the ratio of the marginal utility of an additional year of leisure to the marginal utility from an increase in average annual consumption. |
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