西方经济学第6章附录.pdf

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西方经济学第6章附录

Appendix: Indifference Curves A.1 An Indifference Curve Assumptions that consumer tastes satisfy Completeness assumption (完全性) Transitivity assumption (可传递性) Nonsatiation assumption (非饱和性) Microeconomics, Zheng Yafei, 4/24/2006 SEM, SWJTU 1 An Indifference curve (无差异曲线)is a line shows combinations of goods among which a consumer is indifferent. The curve is graphed showing the quantity of one good on one axis and the quantity of another good on the other axis. Microeconomics, Zheng Yafei, 4/24/2006 SEM, SWJTU 2 1 Microeconomics, Zheng Yafei, 4/24/2006 SEM, SWJTU 3 A Consumer’s Indifference Curve A Consumer’s Indifference Curve Apple Pear Combinations (X ) (X ) 1 2 A 1 10 B 2 6 C 3 4 D 4 2.5 Microeconomics, Zheng Yafei, 4/24/2006 SEM, SWJTU 4 2 Tina’s Preference Map Tina’s Preference Map The indifference curve in part (a) is curve I1 in part (b). Tina is indifferent between points C and G. Microeconomics, Zheng Yafei, 4/24/2006 SEM, SWJTU 5 A.2 Marginal Rate of Substitution The marginal rate of substitution (MRS) (边际替代率) is the rate at which a person will give up Good X2 to get more of Good X1 and at the sa

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