Using Indifference Curve Analysis to determine a consumer's buying choice given income, prices, and preferences. NOTE: The scenario results that I go through at the end of the video are ENTIRELY dependent on the shape of the preferences. You may find that you get slightly different results, depending on how you draw your indifference curves.

"Episode 19: Indifference Curve Analysis" by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.