indifferencekäyrä
The indifference curve, often referred to in Finnish as *indifferenskäyrä*, is a fundamental concept in microeconomics used to represent combinations of two goods that yield the same level of utility or satisfaction to a consumer. These curves are graphical tools that help illustrate consumer preferences and trade-offs between different goods.
An indifference curve plots various combinations of two goods, such as apples and oranges, where the consumer
Key properties of indifference curves include convexity to the origin, meaning they bend toward the axis, and
Indifference curves are used alongside budget constraints to determine optimal consumption choices. By comparing the budget