indifference curve Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “indifference curve” in the English Dictionary

"indifference curve" in Business English

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indifference curvenoun [C]

uk   us   ECONOMICS, GRAPHS & CHARTS
a ​line on a graphjoiningpoints where a ​consumer has an ​equallevel of ​satisfaction from particular ​quantities of two ​products, when ​quantities of one ​product are shown on the ​vertical axis and the other on the ​horizontal axis
(Definition of indifference curve from the Cambridge Business English Dictionary © Cambridge University Press)
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