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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Trade policy outcomes in the aggregate are clearly positive and the textbook analysis using community indifference curves demonstrates that. If poor health does not change preferences but instead reduces average annual earnings, the slope of the budget line rather than the shape of the indifference curves is altered. |
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