Although the indifference curves aren’t always convex, a lot are. Why? Because we are indifferent to the curve. Instead of being one-dimensional, the world is made up of three-dimensional objects. This is a point of view that allows us to see the world in three dimensions and to appreciate the beauty of that.
They are so called because they seem to have the shapes of three-dimensional objects. The indifference curves are convex because they arent, just like the rest of the world, three-dimensional. It is this point of view that makes the indifference curves convex.
The indifference curves are convex because they arent, just like the rest of the world, three-dimensional. It is this point of view that makes the indifference curves convex.
So if you look at the indifference curves of the entire population, there are lots of points where people are indifferent (but they are still alive and not sick). The curve is not concave, but it is convex because people are not indifferent.
This is in contrast to the convexity of a line, where people are not indifferent but the line is also straight. So while the indifference curves of the entire population aren’t concave, they are convex because it’s not flat.
You may recall an interesting paper I wrote about these indifference curves about a decade ago, where I showed that if you had two groups of people where each group was equally likely to survive but one group had a better chance than the other, the second group would be more likely to be drawn to that group. So the line is more convex.
The main problem with indifference curves is that they don’t tell you that you’re not equally likely. You can think that the line is concave, and that the indifference curve is concave, but that’s just not true. To really be able to make this connection, you need to actually be able to measure the two curves, and to make sure you measure both.
The best way to get a good measure of the indifference curves is to use a computer. The most important thing to remember when you do this is that the lines are vertical, so the concave and convex sides are the same. They are going to be equal if you add points to both sides. The other thing you should remember is that the concave side is going to be the more convex side.
If you’re not really aware of the difference between a concave side and the convex one, you can’t actually measure it. So, when we’re talking about a line that’s concave, we don’t want to be able to tell you what the two are going to be. We don’t want to be able to change one line’s angle and angle’s angle to the other line’s angle.
If you’re looking at indifference curves in the context of this, you’re looking at another problem. The indifference curve is the percentage of the population that is indifferent to the subject. But if you look at the shape of the indifference curve, you’ll find that it’s not convex because it’s concave.