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If Coke and Pepsi are perfect substitutes for Lynn, her indifference curves are:
Frequency Distribution
This is a tabulation of the occurrences of each unique value in a dataset, often visualized in histograms or bar charts.
Mean
The average of a set of numbers, calculated by adding them together and then dividing by the number of values.
Frequency Distribution
A summary of how often each different value occurs in a dataset, often represented in a table or graph.
Balancing Point
A point at which a system, object, or decision is in a state of equilibrium or balance, often used metaphorically to refer to fair or stable situations.
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