Difference is two separate things displaying dissimilar qualities. Indifference is not caring about the two separate things.
difference between interpsychic and intrapsychic
what is the difference between character and habit
there is no difference
Difference between observation, inference ,and prediction
what is the difference between a variable and a control
I believe ignorance is simply a lack of knowledge, where indifference is not caring one way or another. "I don't know and I don't care!"
difference
budget line shows purchasing power of an consumer but indifference curve show willingness of consumer for two commodities.
the point at which total cost lines under the two alternatives intersect each other. Cost indifference point is calculated as under: - Difference in fixed costs/ Difference in PV ratio.
Marginal utility is the satisfaction a consumer receives from consuming an additional unit of a good The indifference curve shows different combinations of 2 goods that the consumer is indifferent towards
Indifference curve is a curve that shows consumption bundles that give the consumer the same level of satisfaction. Indifference map, on the other hand Indifference curve is a graph of two or more indifference curves.
It is the equilibrium point of utility maximization.
the two difference of curve is radios
indifference curve is a combination of two commodities. where as, isoquant curve shows a relationship between of variable factor i.e. labour and fixed factor i.e. capital.
The tangency point of Indifference curve and budget line shows the Marginal Rate of Substitution between X and Y commodities. Consumer's equilibrium is achieved at that point.
None; The difference of Lipizzans and Lipizzaners is merely two almost identical spelled words with dialect being the course of the small indifference. In Italia you would say Lipizzan while Lipizzaners is the slovenien dialect.
Faqeer is a person who willingly shows indifference to material things like wealth, property and conforts etc. Miskeen is a person who is weak both in status and worldly wealth.