Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...

There is a concept in economics called “indifference curves”. These are a graphical picture of combinations of goods that would leave the consumer indifferent between the different combinations. Are ...

The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is ...

You can show the preference of consumers for differing products though the use of indifference curves in Excel. The general data in Excel is formatted using an XY Scatter chart, and then the specific ...

Casting the criminal as choosing between two bads-time served in jail and "good" behavior, the author uses five indifference curve exercises to show how changing the jail sentence and changing the ...