Microeconomics,, 16th Canadian Edition

(Sean Pound) #1

The Indifference Map


So far, we have constructed only a single indifference curve for Hugh.
However, starting at any other point in Figure 6A-1 , such as g, there will
be other combinations that will give Hugh equal utility. If the points
indicating all of these combinations are connected, they will form another
indifference curve. This exercise can be repeated many times, and we can


Free download pdf