Indifference Curve | Properties and Assumptions of Indifference Curve | Part III | microeconomics#17 скачать в хорошем качестве

Indifference Curve | Properties and Assumptions of Indifference Curve | Part III | microeconomics#17

In this enlightening video, we delve into the intricacies of indifference curves, fundamental tools in microeconomics that depict consumer preferences. One crucial property explored is the non-intersection of indifference curves, highlighting the principle that individuals are indifferent between different combinations of goods along a single curve. We unravel the convexity to the origin, illustrating the diminishing marginal rate of substitution, where the willingness to exchange goods decreases as consumption levels rise. Additionally, the downward slope of the curves reflects the inherent trade-offs consumers make between goods to maintain a constant level of satisfaction. ========================================= your searches: what is indifference curve in economics Properties of indifference curves Assumptions of indifference curve what are monotonic preferences in economics why two indifference curves never intersect each other why indifference curve is convex to the origin shapes of indifference curve indifference map ============================================ Previous Video links: indifference curve:   • Indifference Curve and Marginal Rate of Su...   Cardinal utility approach:   • Consumer's Equilibrium || Cardinal Utility...   Law of DMU:   • Law of Diminishing Marginal Utility || Ass...   ============================================== #aneelanawaz #indifferencecurve #properties #assumptions #monotonicity #monotonicpreferences #rajatarora #microeconomicsclass11 #afreenazmat #magnetbrains #basicsofeconomics #latest #downwardfacingdog #downward #convex #origin #intersect #never #apple #orangesquash #orange #individual #goodsandservices #commodities #price #marginal #increasinganddecreasingfunctions #rational =================================================== Hello everyone welcome on my YouTube channel "Aneela Nawaz". This channel will provide you easy concepts of various subjects especially concepts related to economics. Dive into the realm of Economics and excel in PPSC & FPSC exams with me. Join my youtube channel for study strategies, and real-time solutions. Subscribe now and embark on a journey to academic excellence and career triumph. Don't forget to follow me on social media accounts: Links Instagram https://instagram.com/aneela_nawaz678... Facebook https://www.facebook.com/profile.php?... Twitter https://twitter.com/aneelach678?t=mlj...