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7.2.4 limitations of the model of indifference curves
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What the model represents

What the model represents

Indifference curve diagram showing bundles A and B giving equal satisfaction, alongside real-world influences omitted by the model

An indifference curve joins combinations of two goods that give a consumer equal total satisfaction. The consumer is indifferent between any two bundles on the same curve.

7.2.4 limitations of the model of indifference curves Lesson

  1. Intl A Level
  2. /Economics
  3. /7.2.4 limitations of the model of indifference curves

Step-by-step lessons on CIE Intl A Level Economics 7.2.4 limitations of the model of indifference curves. Each one builds up to exam-style questions.