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Define an Indifference Curve, and List Four Properties of Indifference

question 14

Essay

Define an indifference curve, and list four properties of indifference curves.


Definitions:

Hanging Valley

A glacial valley whose mouth is higher than the bottom of a larger glacially carved valley it joins.

Depression

A geological term describing a sunken area or a hollow on the surface of the Earth.

Valley

A valley situated between hills or mountains, often hosting a flowing river or stream.

Ridge

A ridge is a long, narrow elevation of land, often with sloping sides, which can be found both underwater as part of oceanic systems and on land.

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