There is a concept in economics called “indifference curves”. These are a graphical picture of combinations of goods that would leave the consumer indifferent between the different combinations. Are ...
You can show the preference of consumers for differing products though the use of indifference curves in Excel. The general data in Excel is formatted using an XY Scatter chart, and then the specific ...
The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is ...