Indifference Curves XNXN X X X X X
Indifference Curves x2 x1 x” x”’ x’ ~ x” ~ x”’ x’
Indifference Curves z2xy y
Indifference Curves x2 x1 z x y p p x y z
Indifference Curves all bundles in are X strictly preferred to all in all bundles in a are strictly preferred to all in X
Indifference Curves x2 x1 x All bundles in I1 are strictly preferred to all in I2 . y z All bundles in I2 are strictly preferred to all in I3 . I1 I2 I3
Indifference Curves WP(x), the set of X\bundles weakly preferred to x WP(X) includes (x) X
Indifference Curves x2 x1 WP(x), the set of bundles weakly preferred to x. WP(x) includes I(x). x I(x)
Indifference Curves ISP(x), the set of x bundles strictly preferred to x, does not include (x) X
Indifference Curves x2 x1 SP(x), the set of bundles strictly preferred to x, does not include I(x). x I(x)