Chapter 4: Tastes and Indifference Curves

Animated Graphics

Each graphic opens in a new browser window.

Complete & Transitive Tastes     Voice-Over

Ranking Consumption Bundles

Tastes & Indifference Curves     Voice-Over

Diminishing Marginal Rate of Substitution     Voice-Over

Parallel & Converging Indifference Curves     Voice-Over

Map of Indifference Curves     Voice-Over

Continuity - Converging Sequence of Points     Voice-Over

Illustrating a simple function f(x) = x² from R1 to R1     Voice-Over

Indifference Curves & Utility Functions - 3D Object in 2D Space     Voice-Over

Longitude and Latitude - 3D Object in 2D Space: "Mount Nechyba" Graphed in 2 Dimensions

Longitude, Latitude and Elevation: Deriving 2-Dimensional Level Curves from a 3-Dimensional Picture of "Mount Nechyba"

Re-Scaling Graph 4.8ab: Interpreting Values Assigned to Indifference Curves by Utility Functions - 3D and 2D

A Single Variable "Slice" of a Multi-Variable Function     Voice-Over