Indifference Curve

Tax Glossary Definition

Indifference Curve

Indifference Curve – Each point on the curve shows a situation where the consumer is indifferent between the combinations — meaning they have no preference for one over another since both yield equal happiness. The curve typically slopes downward from left to right, reflecting that if consumption of one good increases, the quantity of the other must decrease to maintain the same level of satisfaction.

Example: A consumer may be equally satisfied with: 2 chocolates and 1 ice cream, or 1 chocolate and 2 ice creams. Both combinations would lie on the same indifference curve..

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App