How to Derive an Indifference Curve
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YouTubeEconomics in Many Lessons
How to Derive an Indifference Curve
This video shows you how to derive an indifference curve from a consumer's utility function. I then solve for the slope of the indifference curve at a particular point and show how it relates to the marginal rate of substitution at that point.
117.9K viewsJun 3, 2014
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