Indifference Curve

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Definitions
Community Indifference Curve
Economics International Trade Indifference Curve
An economic concept representing the collective preferences of a community in international trade theory, under specific assumptions.
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Definitions
Substitution Effect
Substitution Effect Indifference Curve Consumer Choice Slutsky Equation Microeconomics
The effect on the demand for a good when the price of another good increases, assuming constant utility.
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